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Ohio · State License Law — free study notes for the real estate licensing exam.
🏛️ State License Law 📍 OhioIn Ohio residential sales, the seller generally must furnish a Residential Property Disclosure Form, and agency relationships are documented using the Agency Disclosure Statement. Earnest money and other funds the broker holds for a transaction must be placed in a trust or escrow account and kept separate from the broker's own funds, with no commingling. Because Ohio is not a community-property state, marital interests in real property are addressed under other Ohio law rather than community-property rules, which can affect who must sign transaction documents.
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.
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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.