Administrative Rule 090.12-1 Exceptions to Regulated Property Sale Limitations (Summary)
AR 090.12-1 Exceptions to Regulated Property Sale Limitations
Dealers should refer to Rule for complete requirements, this is a summary only.
| Type of Transaction |
Obtain |
Copy ID |
Thumbprint |
Decl of |
Hold |
RAPID Reporting |
|
Consigned item & property is mailed or shipped |
No | No | No | No | 15 days | Name, address & date of acquisition |
| Trade Show within 400 miles of Portland limits-beyond 400 miles items are exempt from regulation | No | No | No | No |
Yes for items still in possession after show. |
Complete description of item, name & date of event & address of venue |
|
Purchase from a business where reg prop is donated or bought |
No | No | No | No | Yes |
Name, location address & date of acquisition |
| Internet and item is mailed or shipped to Dealer | No | No | No | No | Yes |
Seller’s name or ID, name of listing website & date of acquisition |
|
Yard sale, garage sale, estate sale, swap meet |
No | No | No | No | Yes |
Physical address of sale & date of acquisition |
|
Regulated property from a licensed business that already reported item into RAPID |
No | No | No | No | No | These items do not have to be entered into RAPID. Keep the receipt. |
| Regulated property from registered business outside Oregon or Washington | No | No | No | No | No |
Name & location, address of licensed business, date of acquisition, digital photo of items |
| Abandoned or consigned repair items | Yes | Yes | No | No | 15 days | |
| Hold payment for 15 days or offer in-store credit for all transactions | Yes | No | No | Yes | 15 days | Must notify Revenue Bureau of policy |
| Consignment & payment held for minimum 15 days | Yes | No | No | Yes | 15 days | |
| Items with complete serial number, jewelry or precious metal scrap | Yes | Yes | Yes | Yes | 20 days | Must include photo in RAPID entry |