Oregon Real Estate Practice Test

How long is the CE record retention period for real estate professionals?

1. 1 year

2. 2 years

3. 3 years

4. 4 years

The correct answer is: 3 years

The continuing education (CE) record retention period for real estate professionals in Oregon is three years. This means that professionals must keep their CE records, such as certificates of completion for courses, for a minimum of three years following the year in which the courses were completed. Retaining these records is essential because they may be required for audits or when renewing a real estate license. This three-year period helps to ensure compliance with the state’s regulations regarding ongoing education, which are designed to maintain high professional standards and keep current knowledge in the field. Therefore, understanding the importance of this retention period is crucial for real estate professionals to remain in good standing and avoid potential penalties or complications during the licensing renewal process. The other timeframes listed do not align with the regulations set forth by the state, emphasizing the importance of being aware of specific compliance requirements in the real estate industry.