OHIO REAL ESTATE LATEST 2026 TEST PAPER QUESTIONS
AND ANSWERS GRADED A+
✔✔True - ✔✔To take the Ohio real estate sales license examination, you must be
honest truthful, and of good reputation; be at least 18 years of age; and not have
committed a felony or crime of moral turpitude, or have violated any civil rights law
(felony is "OK" on a case-by-case basis).
✔✔True - ✔✔The definition of a real estate broker includes any person, partnership,
association, or corporation who offers, attempts, or agrees to negotiate the sale,
exchange, purchase, rental, or leading of any real estate; brings the buyer and seller
together for a fee, commission, or other valuable consideration; and directs or assists in
the procuring of prospects for the negotiation of any transaction, other than mortgage
financing, which is calculated to result in a sale, exchange, leasing, or rental of real
estate
✔✔Include five commissioners, four of whom must be licensed brokers, with one
member representing the public, all of whom are appointed by the Governor - ✔✔The
Ohio Real Estate Commission must:
✔✔Adopt canons of ethics for the real estate industry; hear appeals with regard to
complaints received by the Superintendent of real estate; and notify licensees of
changes in state and federal civil rights laws pertaining to real estate - ✔✔It s the duty
of the Ohio Real Estate Commission to:
✔✔Director of Commerce - ✔✔The Superintendent of Real Estate is appointed by the:
✔✔Superintendent of Real Estate (in the event of death with approval of the probate
court) - ✔✔Upon the death of a licensed broker, or the revocation or suspension of his
license, and with no other licensed broker within the entity, upon proper application, an
ancillary trustee shall be appointed to conclude the business transactions of the
deceased, revoked or suspended broker by the:
✔✔An ancillary trustee - ✔✔Upon the death of a licensed broker, or the revocation or
suspension of his license, and there is no other licensed broker within the business
entity, the party who may be appointed to conclude the business transactions of the
deceased, revoked, or suspended broker, would be:
✔✔Informal and formal mediation hearings, but informal only if both parties agree -
✔✔Under Ohio real estate law, there are what types of hearings available to a
complainant and a licensee?
✔✔A hearing examiner - ✔✔If a formal hearing is to be held with regard to a complaint
filed against a real estate agent, the initial hearing shall be heard by:
, ✔✔$1.00 - ✔✔Whenever an application fee or transfer fee is paid to the state of Ohio
with regard to real estate agents or brokers, the amount that shall be paid to the
research and education fund is:
✔✔$81.00 - ✔✔The amount of money that must be sent to the Ohio Division of Real
Estate with the application to take the Ohio real estate sales examination is:
✔✔Carla gets it back - ✔✔Carla signs a two-year lease for a luxury apartment. In the
lease, it states that the security deposit is non-refundable. When the lease ends, what
will happen to the security deposit?
✔✔5% - ✔✔In Ohio, how much interest does the owner give the tenant when the
security deposit exceeds the amount of the rent?
✔✔All of it - ✔✔Mearle moved out of his apartment. 20 days later, he gets a notice that
his security deposit was kept to pay the cleaners who washed the walls and shampooed
the carpet. How much needed to be returned to Mearle?
✔✔Not accept the check - ✔✔A prospective tenant writes a check for a security deposit
but says that it isn't good for 5 more days. The property manager should:
✔✔none - ✔✔Sharon rents an apartment for $550 a month and makes a $700 security
deposit. A family problem arises and she moves hoe to take care of it after only living in
her apartment for 4 months. How much interest does the landlord have to give her for
the amount above the monthly rent?
✔✔The broker is duly licensed - ✔✔A salesperson may operate from any office that the
salesperson's broker designates, provided:
✔✔the Real Estate Recovery Fund - ✔✔When a party has been damaged through the
negligence of a real estate agent or broker, and there are no funds available from which
to seek compensation, the party may turn to the state of Ohio and ask that money be
paid from:
✔✔He has diligently pursued his remedies against all judgement debtors and all other
persons liable to him - ✔✔A party who has been damaged by the negligence of a real
estate agent or broker may receive compensation from the Real Estate Recovery Fund
if:
✔✔$40,000 per licensee - ✔✔The maximum amount for which the Real Estate
Recovery Fund may pay money out to a party who has been damaged through the
negligence of a licensee or broker is:
AND ANSWERS GRADED A+
✔✔True - ✔✔To take the Ohio real estate sales license examination, you must be
honest truthful, and of good reputation; be at least 18 years of age; and not have
committed a felony or crime of moral turpitude, or have violated any civil rights law
(felony is "OK" on a case-by-case basis).
✔✔True - ✔✔The definition of a real estate broker includes any person, partnership,
association, or corporation who offers, attempts, or agrees to negotiate the sale,
exchange, purchase, rental, or leading of any real estate; brings the buyer and seller
together for a fee, commission, or other valuable consideration; and directs or assists in
the procuring of prospects for the negotiation of any transaction, other than mortgage
financing, which is calculated to result in a sale, exchange, leasing, or rental of real
estate
✔✔Include five commissioners, four of whom must be licensed brokers, with one
member representing the public, all of whom are appointed by the Governor - ✔✔The
Ohio Real Estate Commission must:
✔✔Adopt canons of ethics for the real estate industry; hear appeals with regard to
complaints received by the Superintendent of real estate; and notify licensees of
changes in state and federal civil rights laws pertaining to real estate - ✔✔It s the duty
of the Ohio Real Estate Commission to:
✔✔Director of Commerce - ✔✔The Superintendent of Real Estate is appointed by the:
✔✔Superintendent of Real Estate (in the event of death with approval of the probate
court) - ✔✔Upon the death of a licensed broker, or the revocation or suspension of his
license, and with no other licensed broker within the entity, upon proper application, an
ancillary trustee shall be appointed to conclude the business transactions of the
deceased, revoked or suspended broker by the:
✔✔An ancillary trustee - ✔✔Upon the death of a licensed broker, or the revocation or
suspension of his license, and there is no other licensed broker within the business
entity, the party who may be appointed to conclude the business transactions of the
deceased, revoked, or suspended broker, would be:
✔✔Informal and formal mediation hearings, but informal only if both parties agree -
✔✔Under Ohio real estate law, there are what types of hearings available to a
complainant and a licensee?
✔✔A hearing examiner - ✔✔If a formal hearing is to be held with regard to a complaint
filed against a real estate agent, the initial hearing shall be heard by:
, ✔✔$1.00 - ✔✔Whenever an application fee or transfer fee is paid to the state of Ohio
with regard to real estate agents or brokers, the amount that shall be paid to the
research and education fund is:
✔✔$81.00 - ✔✔The amount of money that must be sent to the Ohio Division of Real
Estate with the application to take the Ohio real estate sales examination is:
✔✔Carla gets it back - ✔✔Carla signs a two-year lease for a luxury apartment. In the
lease, it states that the security deposit is non-refundable. When the lease ends, what
will happen to the security deposit?
✔✔5% - ✔✔In Ohio, how much interest does the owner give the tenant when the
security deposit exceeds the amount of the rent?
✔✔All of it - ✔✔Mearle moved out of his apartment. 20 days later, he gets a notice that
his security deposit was kept to pay the cleaners who washed the walls and shampooed
the carpet. How much needed to be returned to Mearle?
✔✔Not accept the check - ✔✔A prospective tenant writes a check for a security deposit
but says that it isn't good for 5 more days. The property manager should:
✔✔none - ✔✔Sharon rents an apartment for $550 a month and makes a $700 security
deposit. A family problem arises and she moves hoe to take care of it after only living in
her apartment for 4 months. How much interest does the landlord have to give her for
the amount above the monthly rent?
✔✔The broker is duly licensed - ✔✔A salesperson may operate from any office that the
salesperson's broker designates, provided:
✔✔the Real Estate Recovery Fund - ✔✔When a party has been damaged through the
negligence of a real estate agent or broker, and there are no funds available from which
to seek compensation, the party may turn to the state of Ohio and ask that money be
paid from:
✔✔He has diligently pursued his remedies against all judgement debtors and all other
persons liable to him - ✔✔A party who has been damaged by the negligence of a real
estate agent or broker may receive compensation from the Real Estate Recovery Fund
if:
✔✔$40,000 per licensee - ✔✔The maximum amount for which the Real Estate
Recovery Fund may pay money out to a party who has been damaged through the
negligence of a licensee or broker is:
