In Oregon, what is necessary for a property management company to operate legally?

For a property management company to operate legally in Oregon, it is essential that they are registered and licensed by the state. This requirement ensures that property management activities are carried out by qualified professionals who adhere to the laws and regulations governing real estate practices. Licensing not only establishes credibility but also provides a framework for accountability and standards of service, protecting both property owners and tenants.

In Oregon, this licensing requirement pertains specifically to property managers who engage in activities such as leasing, renting, or managing other people's property, which can involve significant legal and financial implications. Therefore, having a proper license is crucial for compliance with state regulations and for maintaining professional integrity within the industry.