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City of Portland

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6.06.060 License Transfer.

(Amended by Ordinance No. 185495, effective July 11, 2012.) 

A.   Except as provided in this Section, no license will be transferable from one person to another.

B.   The Bureau may allow transfer of a license for the balance of its term to a successor or transferee who continues the acts that constituted property management activities requiring a license under this Chapter. Any transfer will be reported to the Bureau in writing or on a form provided by the Bureau and will be effective when the Bureau approves the transfer as complete. The licensee will be responsible for any license fee installments which become payable prior to the Bureau’s approval; and the transferee will be responsible for any license fee installments which become payable after the Bureau’s approval.