Study for the Oregon Broker PSI Exam. Quiz with flashcards and multiple choice questions with hints and explanations. Prepare for your exam efficiently!

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In Oregon, what is the maximum period for which an inactive license can be renewed?

  1. Indefinitely every two years

  2. Indefinitely every year

  3. For a limited time only

  4. 5 years total

The correct answer is: Indefinitely every two years

In Oregon, an inactive license can be renewed indefinitely every two years. This means that as long as the license holder maintains their account with the Oregon Real Estate Agency and meets the renewal requirements, they can continue to renew their inactive status without a specified limit on the number of renewals. This policy is designed to provide flexibility for real estate professionals who may not be actively practicing but want to retain their license for future use. Although other options suggest limitations on renewal or specific timeframes, they do not reflect the ongoing allowance for renewal that is inherent in the structure of Oregon's licensing regulations. Understanding these rules helps licensees plan their professional trajectory effectively, whether they are transitioning back into active status or choosing to remain inactive for extended periods.