Licensing Requirements

How much continuing education must a licensee who turns 70 years of age in her CE cycle take?

9 Hours Once a licensee reaches 70 years of age, he/she is required to take only nine hours of core continuing education classes.

Any person, unless exempt from the Ohio Revised Code, who intends to sell, lease, or otherwise deal in any foreign real estate, shall file an application with the Superintendent of Real Estate in the form the Superintendent prescribes, and shall set forth

A foreign real estate dealer must set forth all of these items. He must also file a copy of any building restrictions, deed restrictions, and plans, showing the form of contract, method, and terms of sale, lease, or other dealing to be used in connection with the foreign real estate, a list or schedule of all prices of the foreign real estate, and a list or schedule of all commissions, allowances, or compensations that the foreign real estate dealer is earning.

Dave lives in South Dakota. He wishes to become licensed as a real estate agent in Ohio. Would Dave be permitted to sit for the exam?

Dave must consent to service of process through the Superintendent of the Ohio Real Estate Division of Real Estate Ohio residency is not required to obtain an Ohio real estate license. However, non-residents must file consent to service of process, which permits notice of legal action to be served them through the Superintendent of the Ohio Division of Real Estate.

In order to sell a cemetery plot, an agent must possess a(n)

None of these answers Until recently, a limited license was required to sell a cemetery plot. However, a license is no longer required to sell cemetery plots in Ohio.

To become a broker in Ohio, a salesperson must have been licensed for

Two years A salesperson must hold a license for two years before becoming eligible to be a broker in Ohio.

To be eligible to sit for the Ohio real estate sales exam, a person must

be honest, truthful and in good reputation Ohio residency is not required to obtain an Ohio real estate license; however, non-residents must file consent to service of process, which permits notice of legal action to be served them through the Superintendent of the Ohio Division of Real Estate. The minimum age required is 18 years; there is no maximum age.

A salesperson joined the army; the agent's license is

on deposit There is no such license category as "in escrow." Brokers and salespersons that join the military may put their licenses on deposit; they will not be revoked because this "on deposit" status is for an indefinite period of time. As of September 2000, a license may be placed on "inactive" status for an indefinite time as well (license renewal and continuing education must be maintained).

A broker sent salesperson B's license back to the Ohio Division of Real Estate. What statement below is true?

the agent requested in writing that the license be sent back to the broker has three days to honor the request and must inform the agent in writing that the request has been Acted upon Since the agent requested that the license be sent back, the broker is required to do so within three days.

An agent's 30 hours of continuing education are due on his birthday

three years after his license was issued 30 hours of approved continuing education is due on an agent's birthday, three years after his license was issued, and every three years from then on.

In order to maintain an Ohio Real Estate sales license, a sales agent must complete a 20-hour post-licensing course

within one year of receiving the license An applicant has one year from the date of licensing to complete the 20-hour post-licensing course. The course does not have to contain any ethics training.