SB 1513·OR·senate
Relating to real estate professionals; and declaring an emergency.
EnactedFiled Feb 2, 2026
Latest Action
Effective date, March 31, 2026.
Apr 6, 2026
Summary
SB 1513 defines a “real estate team” as a subdivision of a brokerage and sets new disclosure and supervisory requirements for team members. It also bars team names from using “realty” or “real estate” and limits when a team can act for multiple buyers or sellers without a limited agency agreement. The changes aim to increase transparency and protect consumers.
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Topics
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