Posts By: Kristin Rosan, Madison & Rosan, LLP | Hondros College Contributor
Complaints on Real Property Valuation
Blog, Real Estate, Resources
December 6, 2019 |
Property owners that believe their property is worth less than the value assessed by the County Auditor, can file a complaint on the property valuation. The property valuation is used… Read more
Momentum to Increase Commission Transparency
Blog, Real Estate
November 27, 2019 |
The Consumer Federation of American (CFA) has released a report, which estimates only 32% of Americans know a typical commission for a real estate agent. The CFA is an association… Read more
Background Check Requirement Added to Real Estate Licensure Applications
Blog, Real Estate
November 22, 2019 |
Applicants for a real estate salesperson or broker’s license must now complete a background check as part of the application process. The requirement also extends to those “upgrading” their licenses… Read more
What the MLS Clear Cooperation Policy means for Off-Market Listings
Blog, Real Estate, Resources
November 15, 2019 |
The National Association of Realtors (NAR) has adopted a rule change that will require all members to submit their listings to the multiple listing service (MLS) within one business day… Read more
Division Delays Home Inspector Licensing
Blog, Home Inspection, Real Estate
October 14, 2019 |
In a statement issued October 11, 2019, the Division of Real Estate advised that it will not enforce the November 1, 2019 licensing deadline for new home inspectors. The Ohio… Read more
Using Broker Lien Law to Protect Commissions
Blog, Real Estate
September 27, 2019 |
Commercial Brokers have an added tool available for them to collect an outstanding commission. Ohio’s Broker Lien Law allows a broker to file an affidavit creating a lien against an… Read more
Appellate Court Affirms Revocation of Salesperson’s License
Resources
September 20, 2019 |
The Tenth District Court of Appeals has affirmed an order of the Ohio Real Estate Commission revoking a real estate salesperson’s license (“Licensee”). By way of background, the Licensee and… Read more
Ohio Department of Commerce Issues Fiscal Year 2019 Report
Blog, Real Estate
September 13, 2019 |
The Ohio Department of Commerce has issued its annual report for fiscal year 2019. As the state’s chief regulatory agency, Commerce regulates more than 6,000,000 licensees and regulated entities. One… Read more
Updates to Home Inspection Rules
Blog, Home Inspection, Real Estate
September 12, 2019 |
UPDATED SEPTEMBER 12, 2019: As of Thursday, September 5th, 2019, the Home Inspection Board approved the draft of the Ohio Administrative Rules for the state of Ohio and will be… Read more
Division of Real Estate Releases Mid-Year Discipline Summaries
Blog
September 6, 2019 |
The Division of Real Estate has released discipline summaries for enforcement cases before the Real Estate Commission from January through May of 2019. During the first five months of this… Read more
