Get a License

​​​​​​​​A property manager licensee can manage rental real estate as defined in ORS 696.010​ individually, with principal brokers, or with other property managers. Once licensed, a property manager is required to open and maintain at least one clients' trust account​​. 

You​ can hold only one real estate license (broker, principal broker, or property manager) at a time.


  • Be 18 years old.
  • Have a high school diploma, GED, or international equivalent.

Licensing steps

  1. ​​​Register for an account in eLicense, the Agency's online license management system.
  2. Apply for a property manager license and pay the $300 nonrefundable application fee in eLicense. When the application is processed, you will receive an Applicant ID number by e-mail.
  3. Complete the 60-hour Property Manager pre-license course from an Agency-approved real estate school.
    • Provide your Applicant ID number and full name to the school.
    • ​The real estate school will make you eligible to take the license exam.
    • Only courses completed on or after January 1, 2013,​ meet licensing requirements.
  4. Schedule and pay for license exam online or at (833) 892-5441 with PSI, our testing services provider.
  5. Pass the property manager license exam (PDF).*
  6. Pay and get fingerprinted for the required background check​ while at a PSI testing center.*
  7. Choose to work under:
* Please note: License exam scores and background check clearances are each good for one year. The Agency can only issue a license while the relevant scores and background check clearance are valid.

A license is issued when

  • Your background check clears,
  • Your new principal broker or property manager adds your pending license​ into the business or your business application has been approved, and
  • The Agency completes a final review of your application.
​You will receive an email when your license is issued.