US Lawyer Database

For Lawyer-Seekers

YOU DESERVE THE BEST LAWYER

Home » US Law » 2022 Ohio Revised Code » Title 47 | Occupations-Professions » Chapter 4735 | Real Estate Brokers

Section 4735.14 | License Term; Notice of Change of Address; Notice of Renewal.

Effective: September 30, 2021 Latest Legislation: House Bill 110 – 134th General Assembly (A) Each license issued under this chapter, shall be valid without further recommendation or examination until it is placed in an inactive or resigned status, is revoked or suspended, or such license expires by operation of law. (B) Except for a licensee […]

Section 4735.141 | Continuing Education.

Effective: April 6, 2017 Latest Legislation: House Bill 532 – 131st General Assembly (A) Except as otherwise provided in this division and in section 4735.13 of the Revised Code and except for a licensee who has placed the licensee’s license in resigned status pursuant to section 4735.142 of the Revised Code, each person licensed under […]

Section 4735.142 | License on Permanently Resigned Status.

Effective: April 6, 2017 Latest Legislation: House Bill 532 – 131st General Assembly (A) Any person licensed under section 4735.07 or 4735.09 of the Revised Code, at any time prior to the date the licensee is required to file a notice of renewal pursuant to division (B) of section 4735.14 of the Revised Code may […]

Section 4735.143 | Criminal Records Check.

Effective: October 17, 2019 Latest Legislation: House Bill 166 – 133rd General Assembly (A) Each person applying for a license pursuant to section 4735.07 or 4735.09 of the Revised Code shall submit one complete set of fingerprint impressions directly to the superintendent of the bureau of criminal identification and investigation for the purpose of conducting […]

Section 4735.15 | Nonrefundable Fees.

Effective: September 30, 2021 Latest Legislation: House Bill 110 – 134th General Assembly (A) The nonrefundable fees for reactivation or transfer of a license shall be as follows: (1) Reactivation or transfer of a broker’s license into or out of a partnership, association, limited liability company, limited liability partnership, or corporation or from one partnership, […]

Section 4735.16 | Sign on Business Premises; Advertising.

Effective: September 29, 2011 Latest Legislation: House Bill 153 – 129th General Assembly (A) Every real estate broker licensed under this chapter shall erect or maintain a sign on the business premises plainly stating that the licensee is a real estate broker. If the real estate broker maintains one or more branch offices, the real […]

Section 4735.17 | License for Nonresidents.

Effective: September 29, 2011 Latest Legislation: House Bill 153 – 129th General Assembly Licenses may be issued under sections 4735.01 to 4735.23 of the Revised Code, to nonresidents of this state and to foreign corporations, subject to the following additional requirements: (A) The licensee, if a broker, shall maintain an active place of business in […]

Section 4735.18 | Disciplinary Actions.

Effective: October 17, 2019 Latest Legislation: House Bill 166 – 133rd General Assembly (A) Subject to section 4735.32 of the Revised Code, the superintendent of real estate, upon the superintendent’s own motion, may investigate the conduct of any licensee. Subject to division (E) of this section and section 4735.32 of the Revised Code, the Ohio […]

Section 4735.182 | Fee Instrument Returned Unpaid – Additional Fee – Sanctions.

Effective: October 17, 2019 Latest Legislation: House Bill 166 – 133rd General Assembly If a check or other draft instrument used to pay any fee required under this chapter is returned to the superintendent unpaid by the financial institution upon which it is drawn for any reason, the superintendent shall notify the entity or person […]

Section 4735.19 | Records of Commission.

Effective: September 29, 2011 Latest Legislation: House Bill 153 – 129th General Assembly The Ohio real estate commission shall keep a record of its proceedings and, upon application of an interested party, or upon its own motion and notice to the interested parties, may hold a hearing to consider reversing, vacating, or modifying its own […]

Section 4735.20 | Commissions, Fees, or Other Compensation.

Effective: September 29, 2011 Latest Legislation: House Bill 153 – 129th General Assembly (A) Except as provided in divisions (B), (C), and (G) of this section, no licensed real estate broker or licensed foreign real estate dealer shall pay a commission, fee, or other compensation for performing any of the acts specified in section 4735.01 […]

Section 4735.21 | Right of Action – Limits on Salespersons.

Effective: September 29, 2011 Latest Legislation: House Bill 153 – 129th General Assembly No right of action shall accrue to any person, partnership, association, or corporation for the collection of compensation for the performance of the acts mentioned in section 4735.01 of the Revised Code, without alleging and proving that such person, partnership, association, or […]

Section 4735.211 | Division of Real Estate Operating Fund.

Effective: September 30, 2021 Latest Legislation: House Bill 110 – 134th General Assembly All fines imposed under section 4735.051 of the Revised Code, and all fees and charges collected under sections 4735.06, 4735.09, 4735.13, 4735.15, 4735.25, 4735.27, 4735.28, and 4735.29 of the Revised Code, except such fees as are paid to the real estate education […]

Section 4735.22 | Referral of Home Inspectors.

Effective: April 5, 2019 Latest Legislation: Senate Bill 255 – 132nd General Assembly If a real estate broker or real estate salesperson provides the name of a home inspector to a purchaser or seller of real estate, the broker or salesperson shall provide the buyer or seller with the names of at least three home […]

Section 4735.23 | Review of Programs.

Effective: April 6, 2017 Latest Legislation: House Bill 532 – 131st General Assembly At the request of the superintendent of real estate, the department of higher education may, in consultation with the division of real estate, perform a review of programs offered by an institution of higher education pursuant to division (B)(6)(a) or (b) of […]

Section 4735.24 | Earnest Money to Be Maintained in Special Account.

Effective: April 12, 2021 Latest Legislation: Senate Bill 276 – 133rd General Assembly (A) Except as otherwise provided in this section, when earnest money connected to a real estate purchase agreement is deposited in a real estate broker’s trust or special account, the broker shall maintain that money in the account in accordance with the […]

Section 4735.25 | Dealing in Foreign Real Estate.

Effective: September 22, 2000 Latest Legislation: House Bill 524 – 123rd General Assembly (A)(1) No person, other than an actual bona fide owner selling for the owner’s own account in a single transaction and not by way of repeated or successive transactions, or a person excepted from obtaining a license under section 4735.01 of the […]

Section 4735.26 | Refusing to Qualify Foreign Real Estate.

Effective: September 11, 1985 Latest Legislation: House Bill 82 – 116th General Assembly (A) If the superintendent of real estate has refused to qualify any foreign real estate under section 4735.25 of the Revised Code, or has suspended or revoked the qualification of any foreign real estate, the aggrieved party may appeal in accordance with […]

Section 4735.27 | Foreign Real Estate Dealer’s License.

Effective: October 9, 2021 Latest Legislation: House Bill 263 – 133rd General Assembly (A) An application to act as a foreign real estate dealer shall be in writing and filed with the superintendent of real estate. It shall be in the form the superintendent prescribes and shall contain the following information: (1) The name and […]