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Ohio Real Estate Law Practice Exam Questions And Correct Answers (Verified Answers) Plus Rationales 2025|2026 Q&A | Instant Download Pdf
Q1. Which entity enforces Ohio’s real estate licensing laws?
- Ohio Chamber of Commerce
- Department of Commerce, Division of Real Estate and Professional
- State Attorney General’s Office
- County Recorder’s Office
Licensing
Answer: B
Rationale: The Division of Real Estate and Professional Licensing under the
Department of Commerce regulates licensees and enforces Ohio’s real estate laws.
Q2. The Ohio Real Estate Commission consists of:
- Five members appointed by the Governor 1 / 4
- Seven members appointed by the General Assembly
- Five members elected by licensees
- Three members appointed by the Governor
Answer: A
Rationale: The Ohio Real Estate Commission has five members appointed
by the Governor with Senate consent.Q3. To qualify for an Ohio real estate salesperson license, an applicant must
be at least:
- 18 years old
- 19 years old
- 20 years old
- 21 years old
Answer: A
Rationale: Ohio law requires a minimum age of 18 for a salesperson
license.
Q4. A broker must maintain records for at least:
- One year
- Two years
- Three years
- Five years
Answer: C
Rationale: Ohio Administrative Code requires brokers to retain transaction
records for a minimum of three years. 2 / 4
Q5. What is the main purpose of the Ohio Real Estate Recovery Fund?
- Fund education programs
- Compensate consumers for losses due to licensee misconduct
- Pay commission salaries
- Cover advertising violations
Answer: B
Rationale: The Recovery Fund reimburses consumers financially harmed by
licensee fraud or misrepresentation.Q6. A licensee must notify the Division of Real Estate of a change of address
within:
- 7 days
- 15 days
- 30 days
- 60 days
Answer: C
Rationale: Licensees must report any address change to the Division within
30 days.Q7. Which of the following actions requires a real estate license in Ohio?
- Selling one’s own property
- Managing property as an owner
- Selling property for another for compensation
- Advertising personal rental property
Answer: C 3 / 4
Rationale: Acting for another and receiving compensation constitutes
licensed activity under Ohio law.Q8. How many classroom hours are required for an Ohio broker license beyond salesperson courses?
- 90
B. 120
C. 150
D. 180
Answer: D
Rationale: Broker applicants must complete a total of 180 classroom hours
including brokerage, finance, law, and appraisal.Q9. Which of the following is a ministerial act that does NOT require a license?
- Negotiating a purchase price
- Hosting an open house
- Scheduling a showing for a licensee
- Presenting an offer
Answer: C
Rationale: Scheduling showings or clerical tasks are ministerial acts and
not licensed activities.
Q10. A salesperson’s license is always held by:
- The Ohio Real Estate Commission
- The sponsoring broker
- / 4
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