Unit 3: Care and Feeding of Your Ohio License

In Ohio, real estate brokers must complete ______ hours of post-license education within the first year of initial licensing.

10

Your mobile wireless carrier's rollover policy doesn't have anything on Ohio, which allows continuing education credits to roll over if the licensee gets more than the 30 hours required in a given licensing period. How many hours can you rollover to the next licensing period?

10 hours

Broker licensees in Ohio must complete 30 hours of continuing education during each licensing period. How many of those hours include mandatory topics?

12 hours

Matthew was called to active duty military service for the past eight months, so his salesperson's license expired and was suspended. How long does he have after discharge to reactivate his license?

180 days

In Ohio, real estate salespeople must complete ______ hours of post-license education within the first year of initial licensing.

20

An Ohio broker who terminates a salesperson and returns the salesperson's license to the division has how long to notify the salesperson of the termination?

3 days

How many hours of continuing education must Ohio licensees complete during every licensing period?

30

How many hours of continuing education does Ohio require brokers and salespeople to complete during every licensing period?

30 hrs

Miranda just turned 73, but still works as a part-time real estate salesperson. How many hours of continuing education does she need to renew her Ohio license?

9

An Ohio salesperson who wishes to transfer to a different broker must first provide what to whom?

A letter of intent to transfer to the salesperson's current broker

Shelly renewed her Ohio real estate salesperson license on August 23 of this year. When is her next renewal date?

August 23 three years from now

Ryland has been affiliated with Better Homes Brokerage for 18 months, but has only completed two transactions. His principal broker doesn't think Ryland seems committed to marketing or building a client base, so plans to end their affiliation at the end of the month. What kind of status change is this?

Broker termination

Annalise is one among many first-year salespeople at her current brokerage, and she doesn't feel she's receiving the training or support she needs to be successful. After careful consideration and some conversations with other firms, she's decided that she doesn't want to work for Your Time Realty anymore and instead wants to affiliate with First Choice. What kind of status change is this?

Brokerage transfer

Who must complete at least three CE hours during each licensing period on brokerage operations and duties?

Brokers and management level licensees

Brandon missed his renewal date for his license, so the Ohio division suspended his license. If he decides eight weeks later to follow through on renewal, what does he have to do?

Complete any required continuing education and pay the renewal and reactivation fees, plus any penalties.

Paula was closing two very large commercial transactions the week that her license renewal was due, and her renewal somehow slipped through the cracks. She took a week off to celebrate, but as soon as she got back, she realized her folly. What does Paula have to do to reactivate her now-suspended license? Choose all that apply.

Complete her continuing education. Submit proof of her continuing education. Submit a completed renewal application. Submit her renewal fee. Submit a penalty fee.

Mandatory topics for continuing education during each licensing period include fair housing, real estate laws, and ________.

Ethics

How long is the initial license period in Ohio?

From the date of license issuance until the licensee's next birthday

If your Ohio license was suspended as the result of a disciplinary sanction, what must you do to reactivate your license?

Fulfill the terms of your disciplinary sanction

Byron placed his Ohio salesperson license on deposit when he joined the Air Force. Following discharge from the military, when does Byron need to renew his license, if he so chooses?

His first birthday following discharge.

For how long may Ohio brokers place their licenses on deposit with the division of real estate?

Indefinitely

What happens to an Ohio license that's returned to the division of real estate because a licensee is terminated?

It's suspended

Jana has no experience in real estate, but just passed her Ohio salesperson's license exam. Which of the following is true about Jana's license?

Jana must be affiliated with a broker to get an active license.

Jocelyn is an Ohio real estate salesperson. She decides to inactivate her license to pursue other opportunities. What happens to her license?

Jocelyn's broker returns the license to the division of real estate.

Under which four of these circumstances would the Ohio Division of Real Estate and Professional Licensing hold a licensee's physical license?

License deactivation Broker termination License suspension Broker deposit

Resigned license

License is deposited with the real estate division, and the licensee doesn't practice real estate but keeps up with all education, etc.

Inactive License

License is deposited with the real estate division, with no additional action required by the licensee or the superintendent

Suspended license

License is placed in this status for one year after a license expires intentionally or unintentionally

Revoked license

Licensee loses ability to perform brokerage services, which occurs if suspended license is not remediated

When must Ohio licensees complete all their renewal requirements for each licensing period?

Licensee's birthday every three years

Indicate whether each of the following statements about continuing education is true.

Management level licensees are required to complete 12 hours of mandatory education, including three hours on brokerage operations. Every three years, at least three hours of continuing education must be on state and federal legislation affecting real estate. Continuing education credit is only granted for a maximum eight hours per day.

Demetrius was issued an Ohio real estate salesperson license on October 18. His birthday is March 13. When will his first renewal be due?

March 13 in the year immediately following his initial licensing

Maryjean placed her Ohio license on inactive status with the division of real estate while she dealt with some personal issues. When she finally completed all requirements for reactivation, the superintendent denied her reactivation application. What's the most likely reason why?

Maryjean was convicted of a felony while her license was inactive.

Miranda is a broker who decided to let a new salesperson, Ronnie, go, as their business relationship just wasn't working. Miranda packages up Ronnie's license to return it and a copy of the notice of termination to the Ohio Division of Real Estate and Professional Licensing. She now has three days to ______.

Notify Ronnie in writing of his termination

What must you do if you want to work for a different broker and change your Ohio license affiliation?

Pay a $25 fee to the division.

During the first year of licensure, licensees must complete a specific requirement. What must salespeople and brokers do during the 12 months following license issuance?

Post-license education within the first 12 months

Ohio licensees who wish to reactivate their inactive licenses must submit a renewal fee along with ______.

Proof of completed continuing education

Inactive Ohio licensees who want to reactivate their licenses after military service must provide ______ in order to be reactivated.

Proof of honorable discharge

Inactive Ohio licenses may be reactivated, unless the license has been resigned or ______.

Revoked

Annika had been working as a part-time real estate salesperson when her oldest child was diagnosed with a treatable orthopedic condition. Annika never actually surrendered her license, but just let her brokerage colleagues know that she wouldn't be taking on any new clients until her daughter's treatment was complete. She didn't pay any attention to her license status until one day, she received certified mail letting her know that her license renewal was more than 15 months late. Which status did this letter state relative to Annika's license?

Revoked license

Your grandmother Marie maintains her broker's license, even though at the age of 72 she only does one or two transactions a year. What's about her continuing education requirement?

She only has to complete 12 hours on mandatory topics every three years.

David resigned his broker's license when he became a certified financial advisor. Four years have passed, and David decides he'd like to sell real estate again. What does he have to do to reactivate his Ohio license?

Start the licensing process over by completing the required coursework, taking the exam, and applying for the license.

The Ohio Division of Real Estate and Professional Licensing revoked Charlie's license because he didn't renew it for almost two years. What does Charlie have to do to get his license back?

Start the licensing process over by completing the required coursework, taking the exam, and applying for the license.

If a licensee doesn't renew by the renewal date, the license is expired and is considered ________ by the state of Ohio.

Suspended

When an Ohio salesperson is terminated by a broker, what happens to the salesperson's license?

The broker returns it to the real estate division.

If a licensee fulfills all requirements for reactivation, the superintendent of the Division of Real Estate and Professional Licensing can still make an executive decision not to reactivate. Which three of these choices are some valid reasons for the superintendent to do so?

The licensee was convicted of a felony while inactive. The licensee was under investigation for dishonest advertising. The licensee was found guilty of a crime involving dishonesty.

Tanesha's Ohio broker discovered she'd engaged in some possibly unethical behavior and terminated her. Six months later, Tanesha found a new broker with whom to affiliate, and went through the reactivation process. Who has the authority to refuse her reactivation?

The superintendent

How will Ohio licensees find out when their licenses are up for renewal?

The superintendent will mail a notice of renewal.

Which of the following are educational requirements for the renewal of a salesperson's license in Ohio?

Three hours on ethics Three hours on current state and federal real estate-related legislation Three hours on civil rights or fair housing issues

In which of the following situations will Tina's Ohio salesperson's license status at Hometown Realty be involuntarily made inactive?

Tina's broker, Drema, the only broker at Hometown, resigns her license.

In which of the following situations can an Ohio licensee maintain possession of the license without first returning it to the real estate division?

Transfer to a new broker

How early can you renew your real estate license in Ohio?

Two months early

Which answer tells how you will be notified when your Ohio license is up for renewal?

Via mail at your personal address

There are certainly reasons why you might voluntarily give up your license and the corresponding ability to work on real estate transactions, but what are three involuntary reasons for putting a halt to your real estate career?

You are called to active duty military service Brokerage license becomes inactive You forgot to renew

What happens if you move while you're licensed in Ohio?

You must inform the superintendent of real estate.

You may have any number of reasons for wanting to take a break from working as a broker (like the tropical vacation we mentioned in your resource). What two things happen to your license if you take an extended break?

You must return your license to the division of real estate. You may remain on inactive status for as long as you wish

Ohio sends renewal notification about two months before all of your continuing education must be completed and renewal application submitted. What will happen if you miss the deadline for completing your CE?

Your license is suspended and you must complete the 30 hours and pay a penalty along with your renewal fee.

Gerardo's mother was diagnosed with Alzheimer's, so he decided to put work on hold for a few months while he arranged for her care and spent some time with her. He told his broker Christine that he was going to give up his license for a bit, but asked her to let him know when she made arrangements for in-office continuing education (CE) as he wanted to get his credits. What is the status of Gerardo's license?

inactive license

If a license isn't renewed, how long does the licensee have to complete renewal requirements before the license is revoked by the Ohio division of real estate?

one year