Effective: September 13, 2022 Latest Legislation: House Bill 321 – 134th General Assembly As used in this chapter: “Auction” means a method of sale of real or personal property, goods, or chattels, at a predetermined date and time, by means of a verbal exchange, regular mail, telecommunications, the internet, an electronic transmission, or a physical […]
Effective: October 1, 2001 Latest Legislation: House Bill 94 – 124th General Assembly The department of agriculture shall administer this chapter.
Effective: September 13, 2022 Latest Legislation: House Bill 321 – 134th General Assembly (A) No person shall act as an auction firm or auctioneer within this state without a license issued by the department of agriculture. No auction shall be conducted in this state except by an auctioneer licensed by the department. Except as provided […]
Effective: September 13, 2022 Latest Legislation: House Bill 321 – 134th General Assembly Only an auctioneer who is licensed under this chapter and who is licensed as a real estate broker or a real estate salesperson under Chapter 4735. of the Revised Code shall sign an auction contract for the sale of real property at […]
Effective: May 6, 2005 Latest Legislation: Senate Bill 209 – 125th General Assembly (A) An auction shall be a reserve auction unless explicitly stated otherwise in the contract for the auction and in the terms and conditions governing the auction. For purposes of a reserve auction, there need not be an announcement or indication that […]
Effective: March 20, 2019 Latest Legislation: House Bill 480 – 132nd General Assembly (A) No person licensed under this chapter shall advertise, offer for sale, or sell real or personal property by absolute auction unless all of the following apply: (1) One of the following applies: (a) Except for current tax obligations, easements, or restrictions […]
Effective: May 6, 2005 Latest Legislation: Senate Bill 209 – 125th General Assembly (A) Not later than seventy-two hours after the end of an auction, a person licensed under this chapter shall deposit in one or more trust or escrow accounts all money received from the sale of an owner’s or consignee’s personal property at […]
Effective: May 6, 2005 Latest Legislation: Senate Bill 209 – 125th General Assembly A state auctioneers commission shall be created within the department of agriculture as follows: (A) The governor, with the advice and consent of the senate, shall appoint a commission consisting of five members, each of whom immediately prior to the date of […]
Effective: September 13, 2022 Latest Legislation: House Bill 321 – 134th General Assembly (A) The state auctioneers commission shall, upon qualification of the member or members appointed in each year, select from its members a chairperson, and shall serve in an advisory capacity to the department of agriculture for the purpose of carrying out this […]
Effective: September 13, 2022 Latest Legislation: House Bill 321 – 134th General Assembly Except as otherwise provided in section 4707.25 of the Revised Code, all fees and charges collected by the department of agriculture pursuant to this chapter shall be paid into the state treasury to the credit of the auctioneers fund, which is hereby […]
Effective: September 13, 2022 Latest Legislation: House Bill 321 – 134th General Assembly The department of agriculture shall maintain a record of the names and addresses of all auction firms and auctioneers licensed by the department. This record shall also include a list of all persons whose licenses have been suspended or revoked as well […]
Effective: September 13, 2022 Latest Legislation: House Bill 321 – 134th General Assembly (A) The department of agriculture may grant an auctioneer’s license to an individual who is determined to be qualified by the department. Each individual who applies for an auctioneer’s license shall furnish to the department, on forms provided by the department, satisfactory […]
Effective: May 6, 2005 Latest Legislation: Senate Bill 209 – 125th General Assembly The department may grant one-auction licenses to any nonresident individual who is determined to be qualified by the department. Any individual who applies for a one-auction license shall attest, on forms provided by the department, and furnish to the department, satisfactory proof […]
Effective: September 13, 2022 Latest Legislation: House Bill 321 – 134th General Assembly (A) No corporation, limited liability company, general or limited partnership, or unincorporated association shall act or hold itself out as an auctioneer without a valid auctioneer’s license issued under this section. (B) The department of agriculture may grant an auctioneer’s license to […]
Effective: June 30, 2007 Latest Legislation: House Bill 67 – 127th General Assembly (A) A person who is not otherwise licensed under this chapter and who only provides auction services or holds the person’s self out as providing auction services shall do so only with a valid auction firm license issued under this section. This […]
Effective: September 13, 2022 Latest Legislation: House Bill 321 – 134th General Assembly (A) The department of agriculture shall hold written examinations twelve times each year for obtaining a license under section 4707.07 of the Revised Code and for unlicensed auction firm managers as required under division (D) of section 4707.074 of the Revised Code. […]
Effective: September 13, 2022 Latest Legislation: House Bill 321 – 134th General Assembly (A) Prior to the expiration of an auctioneer’s license, an auctioneer may submit an application to the department of agriculture, on forms provided by the department, to place the license on deposit with the department for a period not to exceed two […]
Effective: September 13, 2022 Latest Legislation: House Bill 321 – 134th General Assembly (A)(1) Each person to whom the department issues an auctioneer’s license or auction firm license shall pay a licensure fee. Those licenses are biennial and expire in accordance with the schedule established in division (A)(2) of this section. If such a license […]
Effective: September 13, 2022 Latest Legislation: House Bill 321 – 134th General Assembly (A) A licensed auctioneer shall complete eight hours of continuing education in accordance with this section prior to renewal of the license under section 4707.10 of the Revised Code. The auction firm manager of a licensed auction firm shall complete eight hours […]
Effective: September 13, 2022 Latest Legislation: House Bill 321 – 134th General Assembly (A) Except as provided in division (B) of this section, each application for a license issued under this chapter shall be accompanied by proof of financial responsibility in the form of either an irrevocable letter of credit or a cash bond or […]
