The Agency Disclosure Statement identifies who each agent and brokerage represents in the transaction.
Before you read
Test yourself first: 5 questions
Question 1 of 5
Which state agency regulates real estate licensing in Ohio?
Answer: B. Real estate licensing in Ohio is administered by the Division of Real Estate & Professional Licensing, which operates under the Ohio Department of Commerce.
Question 2 of 5
When must an Ohio agent first provide the Agency Disclosure Statement in most transactions?
Answer: B. The Agency Disclosure Statement is intended to clarify representation, so it must be provided in time for the consumer to understand who represents whom before committing to a purchase contract.
Question 3 of 5
Which state agency licenses and regulates real estate salespersons and brokers in Ohio?
Answer: B. Real estate licensing in Ohio is administered by the Division of Real Estate and Professional Licensing, which operates within the Ohio Department of Commerce.
Question 4 of 5
An Ohio brokerage's written company policy on agency must address how the brokerage will handle which situation?
Answer: B. Ohio requires brokerages to maintain a written brokerage policy on agency that explains the types of agency relationships offered, including how dual agency and representation of multiple clients in the same transaction are handled.
Question 5 of 5
Which Ohio agency is responsible for licensing and regulating real estate salespersons and brokers?
Answer: A. Real estate licensing in Ohio is administered by the Division of Real Estate & Professional Licensing, which operates within the Ohio Department of Commerce. It issues licenses, enforces license law, and supports the Ohio Real Estate Commission.
Keep the streak going with more questions like these, each with a full rationale.
Must-know rules
- Agency relationships in Ohio must be disclosed using an Agency Disclosure Statement.
- The Agency Disclosure Statement identifies who each agent and brokerage represents in the transaction.
- A buyer's agent represents the buyer; a seller's (listing) agent represents the seller.
- Dual agency occurs when one brokerage represents both buyer and seller; it requires informed, written consent.
- Brokerages should maintain a written brokerage policy on the types of agency relationships they offer.
- A salesperson's agency duties flow through the broker who holds the license.
- Disclose your agency status to the parties at the appropriate point in the transaction, before sharing confidential information.
Ohio Agency Model Cheat Sheet: FAQs
Is Ohio Agency Model Cheat Sheet on the real estate exam?
Yes. State License Law is a scored domain on the Ohio real estate licensing exam, and this topic appears in the state license-law portion.
Is this cheat sheet free?
Yes — every page on Cinna RE's resource library is free to read, print and share. The app adds practice questions, mock exams and a readiness score.
Does Ohio test this differently?
Ohio applies its own license law on top of the national portion. This page covers the Ohio rules specifically, which is what the state section of your exam tests.
