Idaho License Recognition License Requirements for Oregon Licensees

This Agreement is between the State of Idaho (hereinafter referred to as "Idaho") and the State of Oregon (hereinafter referred to as "Oregon").

WHEREAS Idaho and Oregon desire to enter into an agreement concerning the granting of real estate licenses in their respective states; and

WHEREAS the Idaho Real Estate Commission and the Oregon Real Estate Agency have the statutory authority to enter into this reciprocal agreement, (hereinafter referred to as "Agreement"),

WHEREAS the purpose this Agreement is to facilitate business and commerce between the two states while coordinating the efforts of each state to oversee the activities of licensees and better protect consumers, and is in the public interest of the citizens of Idaho and Oregon:

NOW, THEREFORE, IT IS AGREED THAT LICENSES MAY BE GRANTED UPON THE FOLLOWING TERMS AND CONDITIONS:

1. For the purposes of this Agreement, the following definitions shall apply:
   a. "Primary license" means a real estate license issued by the licensee's state of residence;
   b. "Reciprocal license" means a real estate license issued by a state to a nonresident licensee
         and by virtue of this Agreement;
   c. "State of residence" means the state in which the licensee resides or, if different, the state
         in which his or her place of business is located.
   d. "State" refers to either Idaho or Oregon.

2. The successful completion of the Idaho real estate salesperson's licensing examination, and the granting of a primary real estate salesperson's license by Idaho, shall be recognized by Oregon in satisfaction of its licensing requirements for real estate salesperson, and will enable an Idaho salesperson to obtain, upon the filing of the proper application and fees, a reciprocal Oregon salesperson's license.

3. The successful completion of the Oregon real estate salesperson's licensing or competency examination, and the granting of a primary real estate salesperson's license by Oregon, shall be recognized by Idaho in satisfaction of its licensing requirements for real estate salesperson, and will enable an Oregon salesperson to obtain, upon the filing of the proper application and fees, a reciprocal Idaho salesperson's license.

4. The successful completion of the Idaho real estate broker's licensing examination and the granting of a primary real estate broker's license by Idaho shall be recognized by Oregon in satisfaction of its licensing requirements for real estate broker and will enable an Idaho broker to obtain, upon the filing of the proper application and fees, a reciprocal Oregon real estate broker's license.

5. The successful completion of the Oregon real estate broker's licensing examination and the granting of a primary real estate broker's license by Oregon shall be recognized by Idaho in satisfaction of its licensing requirements for real estate broker and will enable a Oregon broker to obtain, upon the filing of the proper application and fees, a reciprocal Idaho real estate broker's license.

6. It is herein understood that an Oregon licensee seeking a reciprocal Idaho license as a salesperson or associate broker must be actively licensed under and associated with an Oregon broker who also holds an active reciprocal Idaho license as a designated broker. Likewise, an Idaho licensee seeking a reciprocal license in Oregon as a salesperson or associate broker must be actively licensed under and associated with an Idaho broker who also holds an active reciprocal Oregon license as a designated broker.

7. It is further understood that each reciprocal license must be issued in the same category as the licensee's primary license. Any change to the primary license's status (e.g., active to inactive), category (e.g., salesperson to broker) or designation of responsibility (e.g., associate broker to designated broker) must also be made to the reciprocal license.. The parties tto this agreement shall only issue, renew or change classes of license upon proper application and payment of fees.

8. It is further understood that only a non-resident licensee may be reciprocally licensed under this Agreement. A reciprocal licensee may not maintain his or her place of business in the state issuing the reciprocal license. A licensee who relocates his or her place of business from one state to the other must obtain a primary license in the new state.

9. To the extent authorized by the laws of either or both states, when a licensee who holds a primary license in one state, moves his place of business from that state to the other state, such licensee shall be able to obtain, upon filing of the proper application and application fee, and without taking the new state's licensing examination, a primary license of the same license category in the new state of residence.

10. The parties to this Agreement shall issue, renew and continue a reciprocal license only where a licensee granted a license under this Agreement complies with the continuing education requirements of his or her state of residence, and provides proof of such compliance in the form required by the state issuing or renewing the reciprocal license. Should it appear to either licensing authority, in its good judgment, that an applicant is seeking a change in licensure, from one state to the other, for the purpose of avoiding the continuing education requirements of the states, such authority may deny the application for licensure, or may require proof of completed continuing education course work before issuing the license.

11. The applicant's state of residence shall, upon request from the state issuing the reciprocal license, provide a certificate of license history certifying the applicant's current licensure and good standing in the applicant's state of residence.

12. The parties to this Agreement shall issue, renew and continue a reciprocal license provided that the licensee complies with the statutes and regulations of the state issuing the reciprocal license, including the laws regarding the proper location of trust funds and entrusted property.

13. The parties to this Agreement shall issue, renew and continue a reciprocal license provided that the licensee, by agreement or otherwise, is subject to service of process in any civil action in the form prescribed by the state issuing the reciprocal license.

14. The parties to this Agreement shall issue, renew and continue a reciprocal license provided that the licensee, by agreement or otherwise, submits to the jurisdiction of the state issuing the reciprocal license for purposes of investigation and disciplinary action.

15. It is herein understood that a reciprocal license granted under the terms of this Agreement is contingent upon the licensee's maintenance of a current real estate license in his or her state of residence. Failure to maintain a current license in the state of residence shall cause the reciprocal license to automatically terminate.

16. Each state agrees to notify the other state, on a regular basis, of its licensing authority's actions to issue, expire, renew, inactivate, or terminate the license of a reciprocal licensee, or of a primary licensee who also holds a reciprocal license with the other state.

17. Each state agrees that, whenever its licensing authority initiates formal action against, or suspends or revokes, the license of a reciprocal licensee, or of a primary licensee who also holds a reciprocal license with the other state, such authority shall immediately notify the other state's licensing authority of such action and provide a copy of the documents of such action.

18. The duration of this Agreement shall be ongoing until terminated in accordance with the terms herein.

19. The provisions of this Agreement shall be administered in Idaho by the Idaho Real Estate Commission through its Executive Director, and, in Oregon, by the Oregon Real Estate Agency through its Commissioner.

20. It is anticipated that no real or personal property shall be required for the administration of this Agreement.

21. The right is hereby reserved by either or both of the above-mentioned licensing authorities to, in the exercise of its discretion, refuse to issue any reciprocal license to a nonresident applicant for just cause.

22. It is anticipated that all funds necessary to finance the administrative costs of this program in each state will be derived from sufficient license fees and appropriate charges made by the licensing authorities in each state, and will be borne fully by those seeking reciprocal licenses. There will be no joint funding nor any shared costs of administration between the two state licensing authorities.

23. This Agreement may be terminated by either state, at any time, by written notification to the other state. Any such termination will occur midnight of the 60^th day, or such longer time as specified in the notice, after written notice is received by the other state. The notice of termination shall recite, within it, the effective date of the termination. The state requesting termination shall be responsible for notifying in writing all affected reciprocal licensees. If this Agreement is terminated, all reciprocal licenses shall continue in force until expiration, and shall not be renewed.

24. This Agreement supersedes any and all previous agreements for real estate license reciprocity between Idaho and Oregon.

25. The parties acknowledge that, pursuant to section 67-2329, Idaho Code, this Agreement must be filed with and approved by the Idaho Secretary of State before it goes into effect. This Agreement shall be in full force and effect upon notification to the parties by the Idaho Secretary of State.

AGREEMENT APPROVED: Signatures are affixed to the original.

Signed by Donna M. Jones Executive Director, for IDAHO REAL ESTATE COMMISSION on June 13, 2000

Signed by Scott W. Taylor Commissioner, for OREGON REAL ESTATE AGENCY On June 6, 2000