Oregon § 696.840 Compensation and agency relationships

Oregon Statutes

§ 696.840 — Compensation and agency relationships

Oregon § 696.840

Vol.17

Title 52Occupations and Professions

Ch. 696Real Estate and Escrow Activities

This text of Oregon § 696.840 (Compensation and agency relationships) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 696.840 (2026).

Text

The payment of compensation or the obligation to pay compensation to a real estate licensee by the seller or the buyer is not necessarily determinative of a particular agency relationship between a real estate licensee and the seller or the buyer. After full disclosure of agency relationships, a listing agent, a selling agent or a real estate licensee or any combination of the three may agree to share any compensation paid, or any right to any compensation for which an obligation arises as the result of a real property transaction, and the terms of the agreement shall not necessarily be determinative of a particular relationship. Before entering into an agreement to share compensation between a listing agent and a buyer’s agent, the listing agent and buyer’s agent must disclose to their re

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The payment of compensation or the obligation to pay compensation to a real estate licensee by the seller or the buyer is not necessarily determinative of a particular agency relationship between a real estate licensee and the seller or the buyer. After full disclosure of agency relationships, a listing agent, a selling agent or a real estate licensee or any combination of the three may agree to share any compensation paid, or any right to any compensation for which an obligation arises as the result of a real property transaction, and the terms of the agreement shall not necessarily be determinative of a particular relationship. Before entering into an agreement to share compensation between a listing agent and a buyer’s agent, the listing agent and buyer’s agent must disclose to their respective clients the amount and terms of the shared compensation. Nothing in this section shall prevent the parties from selecting a relationship not specifically prohibited by ORS 696.301, 696.392, 696.600 to 696.785, 696.800 to 696.870 and 696.995.