HB 3137 Oregon House · 2025 Regular Session

Relating to real estate professionals.

HB 3137 clarifies regulations for Oregon's real estate professionals by establishing clear definitions for key terms, including "managing principal broker" (a broker overseeing a business name). It defines terms like "branch office," "associated with," and "management of rental real estate" to standardize responsibilities for brokers, property managers, and their supervisors. The bill directly affects licensed real estate brokers, property managers, and their firms by specifying their roles and operational requirements under Oregon law. Enacted in June 2025, it takes effect January 1, 2026, replacing ambiguous prior language with defined standards.

Bill status signed all 5 stages cleared

Introduction

Jan 2025

Committee Review

May 2025

House Passage

Jun 2025

Senate Passage

Jun 2025

Signed into Law

Jun 2025

Introduced Jan 13, 2025 Signed Jun 24, 2025

Maddy AI version diff · 3 comparisons

What changed between versions

B-Engrossed → Enrolled · 3 edits · Jun 24, 2025

MINOR

This bill transitions from a working draft to its final enrolled version, making it ready for signing into law. The substantive changes include updating the bill title to reflect its final status, adding a specific chapter number reference, and expanding the definition of 'management of rental real estate' to include new tenant-related activities. These changes clarify the scope of what property managers can legally do when representing tenants.

Scope change

The bill's scope was expanded by adding new subsections to the definition of 'management of rental real estate,' specifically adding provisions for representing tenants and handling tenant deposits.

TECHNICAL

Changed document status from 'B-Engrossed' to 'Enrolled' and updated chapter reference from 'chapter ___' to 'chapter 39' in the bill title.

DEFINITION

Added new subsection (L) requiring property managers to provide copies of records of acts performed on behalf of owners, and new subsection (M) allowing property managers to offer or attempt any acts described in the management definition.

Added entirely new subsection (b) to the 'management of rental real estate' definition, which now includes activities related to representing tenants and prospective tenants, such as consulting with them, assisting them in renting, and accepting deposits for their benefit.

Floor votes · Senate Jun 11, 2025 · House Mar 4, 2025

How they voted

21–2

Passed · 7 other

Total votes 30

Jun 11, 2025

D Democratic18

14 Yea 4

77% Yea

R Republican12

7 Yea 2 Nay 3

58% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Jun 24, 2025

Signed into law

Governor signed.

lower

Jun 17, 2025

Upper · Passed

President signed.

upper

Jun 17, 2025

Lower · Passed

Speaker signed.

lower

Jun 13, 2025

Lower · Passed

House concurred in Senate amendments and repassed bill.

lower

Jun 11, 2025

Upper · Passed

Third reading. Carried by Anderson. Passed.

upper

May 21, 2025

Upper · Passed

Recommendation: Do pass with amendments to the A-Eng. bill to resolve conflicts. (Printed B-Eng.)

upper

Mar 6, 2025

Committee

Referred to Housing and Development.

upper

Mar 6, 2025

Introduced

First reading. Referred to President's desk.

upper

Mar 4, 2025

Lower · Passed

Third reading. Carried by Breese-Iverson. Passed.

lower

Feb 24, 2025

Lower · Passed

Recommendation: Do pass with amendments and be printed A-Engrossed.

lower

Jan 17, 2025

Committee

Referred to Housing and Homelessness.

lower

Jan 13, 2025

Introduced

First reading. Referred to Speaker's desk.

lower

3 primary · 1 co-sponsor