How many days does a licensee have to report litigation to the Real Estate Agency?

In Oregon, a licensee is required to report any litigation related to their professional conduct or real estate activities to the Real Estate Agency within a specified timeframe. The correct timeframe is 20 days after being served with the legal documents related to that litigation. This requirement ensures that the Real Estate Agency is informed about any legal issues that may affect the licensee's ability to perform their duties or impact the real estate profession overall. Prompt reporting allows for any potential investigations or actions that might need to be taken to safeguard the interests of the public and maintain the integrity of the real estate industry.