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Oregon Revised Statutes Occupations and Professions § 696.294

Current as of January 01, 2023 | Updated by Findlaw Staff

(1) As used in this section, “letter opinion” means a document that expresses a real estate licensee's conclusion regarding a recommended listing, selling or purchase price or a rental or lease consideration of certain real estate and that results from the licensee's competitive market analysis.

(2) The Real Estate Commissioner by rule shall specify the minimum contents of a letter opinion, including but not limited to the distinction between a letter opinion and a real estate appraisal.

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Cite this article: FindLaw.com - Oregon Revised Statutes Occupations and Professions § 696.294 - last updated January 01, 2023 | https://codes.findlaw.com/or/title-52-occupations-and-professions/or-rev-st-sect-696-294/

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