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Ohio · State License Law — free study notes for the real estate licensing exam.
🏛️ State License Law 📍 OhioSellers of most residential property in Ohio must complete the Residential Property Disclosure Form, disclosing known material defects in items such as the structure, roof, systems, and water conditions. Licensees must give the Ohio Agency Disclosure Statement to clarify representation and must disclose material facts they know about a property, since silence on a known defect can create liability. Ohio is a caveat-emptor state for latent defects the seller does not know about, but it does not excuse fraud, misrepresentation, or active concealment by a seller or licensee. Other disclosures, such as the federal lead-based paint disclosure for pre-1978 homes, also apply.
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.