Ohio Administrative Code Search
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Rule 1301:5-1-05 | Examinations.
...(A) An applicant must take the real estate examination in accordance with the instructions provided by the testing vendor. The applicant shall have twelve months from the date the division notifies the testing vendor of the applicant's testing eligibility to pass both portions of the examination. The applicant must notify, in writing, the division and the sponsoring principal broker of any change... |
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Rule 1301:5-1-05 | Examinations.
...(A) An applicant must take the real estate examination in accordance with the instructions provided by the testing vendor. The applicant shall have twelve months from the date the division notifies the testing vendor of the applicant's testing eligibility to pass both portions of the examination. The applicant must notify, in writing, the division and the sponsoring principal broker of any change in application stat... |
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Rule 1301:5-1-18 | Disciplinary sanctions.
...(A) Pursuant to division (I) of section 4735.051 of the Revised Code, the following shall apply: (1) The real estate commission may include, at its sole discretion, any combination of sanctions in its order; (2) Where multiple violations of the Revised Code are found in a single case, the real estate commission's order shall specifically state the sanction(s) applicable to each violation. (... |
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Rule 1301:5-3-14 | Settlement agreements.
...(A) Any real estate broker or real estate salesperson who has been notified by the superintendent of a hearing to be held by a hearing examiner pursuant to Chapter 119. of the Revised Code to determine whether a violation(s) of section 4735.18 of the Revised Code occurred by such licensee may enter into a settlement agreement with the superintendent. (B) The settlement agreement shall contain... |
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Rule 1301:5-5-11 | Separate property management trust accounts.
...(A) All brokerages engaging in the management of property for another shall establish and maintain a separate trust account(s), to be designated as property management trust account(s), for the deposit of security deposits, rents, and money received from the owner(s) or on the owner's(s') behalf for payment of expenses related to the management of property. Before making disbursements from a prope... |
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Rule 1301:5-5-23 | Property management account(s) in the name of the owner.
...(A) Brokerages engaged in the management of property for another may, pursuant to a written contract with the property owner, exercise signatory authority for withdrawals from property management account(s) maintained in the name of that property owner. The contract with the property owner shall specify the purposes for which the brokerage may make withdrawals from the owner's account(s) and any d... |
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Rule 1301:5-6-03 | Mandatory company policy.
...(A) The written company policy required under section 4735.54 of the Revised Code shall be available to all affiliated licensees and, at a minimum, address the following information and be applicable to all offices of the brokerage: (1) The types of agency relationships the affiliated licensees of the brokerage may establish including an explanation of each agency relationship authorized and whet... |
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Rule 1301:5-7-02 | Continuing education requirements.
...(A) All real estate licensees, except as provided in paragraph (D) of this rule, are required to certify completion of thirty hours of continuing education courses every three years. If a licensee is licensed as a broker, broker on deposit, or acts as a management level licensee, a three hour course on the duties of a principal broker and other issues involved in operating a real estate brokerage ... |
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Rule 1301:5-7-03 | Criteria for course approvals.
...(A) Continuing education courses shall be completed in seminars, schools, and educational institutions which are not limited to institutions providing two-year or four-year degrees but may include qualifying public or private schools, firms, associations, organizations, individuals, corporations, or similar arrangements and must be successfully completed after the effective date of this rule. (B)... |
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Rule 1301:5-7-03 | Criteria for course approvals.
...(A) Continuing education courses shall be completed in seminars, schools, and educational institutions which are not limited to institutions providing two-year or four-year degrees but may include qualifying public or private schools, firms, associations, organizations, individuals, corporations, or similar arrangements and must be successfully completed after the effective date of this rule. (B)... |
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Rule 1301:5-7-03 | Criteria for course approvals.
...(A) Continuing education courses shall be completed in seminars, schools, and educational institutions which are not limited to institutions providing two-year or four-year degrees but may include qualifying public or private schools, firms, associations, organizations, individuals, corporations, or similar arrangements and must be successfully completed after the effective date of this rule. (B) An applicant for in... |
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Rule 1301:5-7-05 | Continuing Education Course Denials.
...(A) The superintendent may deny the initial application or renewal for any continuing education course if the superintendent finds that the course does not meet the requirements of Chapter 4735. of the Revised Code or of rules 1301:5-7-02 to 1301:5-7-04 of the Administrative Code. (B) If the superintendent determines an initial offering or an offering previously approved does not or no longer mee... |
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Rule 1301:5-7-06 | Continuing Education Course Fees and Penalties.
...(A) A course provider proposing to offer continuing education credit to license renewal applicants shall remit to the division of real estate and professional licensing annual fees in accordance with the following schedule: (1) For each application for initial approval of a continuing education course: fifty dollars; (2) For each offering of an approved course after the initial course: ten doll... |
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Rule 1301:5-7-08 | Distance education.
...(A) For purposes of this rule, the term "distance education" refers to educational programs in which instruction is accomplished through the use of interactive, electronic media and where the teacher and student are not physically in the same location at the time the course is being taught. (B) An entity shall apply to the division of real estate and professional licensing for distance education ... |
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Rule 1301:5-7-09 | Post-licensing education.
...(A) Post-licensing education courses for brokers and salespeople shall be completed in seminars, schools, and educational institutions which are not limited to institutions providing two-year or four-year degrees but may include qualifying public or private schools, firms, associations, organizations, individuals, corporations, or similar arrangements. (B) Providers of the post-licensing educ... |
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Rule 1301:5-7-09 | Post-licensing education.
...(A) Post-licensing education courses for brokers and salespeople shall be completed in seminars, schools, and educational institutions which are not limited to institutions providing two-year or four-year degrees but may include qualifying public or private schools, firms, associations, organizations, individuals, corporations, or similar arrangements. (B) Providers of the post-licensing educ... |
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Rule 1301:6-3-01 | Definitions.
...(A) "Having no readily determinable value," as used in division (L)(1) of section 1707.01 of the Revised Code and paragraph (K)(2)(b)(i) of rule 1301:6-3-15 of the Administrative Code, means any securities not listed on an exchange specified in division (E)(1) of section 1707.02 of the Revised Code or approved by the division in accordance with division (E)(2) of section 1707.02 of the Revised Code or securities not ... |
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Rule 1301:6-3-01 | Definitions.
...(A) "Having no readily determinable value," as used in division (L)(1) of section 1707.01 of the Revised Code means any securities not listed on an exchange specified in division (E)(1) of section 1707.02 of the Revised Code or approved by the division in accordance with division (E)(2) of section 1707.02 of the Revised Code or securities not actively traded in the over-the-counter market. (B) "T... |
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Rule 1301:6-3-03 | Exempt transactions.
...(A) Definitions. For the purposes of this rule and section 1707.03 of the Revised Code: (1) "Bank" shall have the meaning specified in division (O) of section 1707.01 of the Revised Code. (2) "Escrow Agreement" shall mean a written instrument established by a dealer registered with the securities and exchange commission in accordance with the standards set forth in 17 CFR 15c2-4(b), as amended, or a written instrum... |
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Rule 1301:6-3-03 | Exempt transactions.
...(A) Definitions. For the purposes of this rule and section 1707.03 of the Revised Code: (1) "Bank" shall have the meaning specified in division (O) of section 1707.01 of the Revised Code. (2) "Escrow Agreement" shall mean a written instrument established by a dealer registered with the securities and exchange commission in accordance with the standards set forth in 17 CFR 15c2-4(b), as amend... |
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Rule 1301:6-3-06 | Transactions registered by description.
...(A) Every registration by description filed with the division pursuant to section 1707.06 of the Revised Code shall be filed on an appropriate division form. A registration by description intended to comply with division (A)(1) of section 1707.06 of the Revised Code shall be filed on a division form 6(A)(1), a registration by description intended to comply with division (A)(2) of section 1707.06 of the Revised Code s... |
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Rule 1301:6-3-09 | Registration by qualification.
...(A) Application. (1) An application to register securities by qualification in accordance with section 1707.09 of the Revised Code shall be made on a form 9 of the division or on form U-1 of the North American securities administrators association, and shall, as applicable, be accompanied by a division form 11 or a form U-2, and a form U-2(A) of the North American securities administrators association. (2) Whenever... |
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Rule 1301:6-3-09 | Registration by qualification.
...(A) Application. (1) An application to register securities by qualification in accordance with section 1707.09 of the Revised Code shall be made on a form 9 of the division or on form U-1 of the North American securities administrators association, and shall, as applicable, be accompanied by a division form 11 or a form U-2, and a form U-2(A) of the North American securities administrators associ... |
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Rule 1301:6-3-09.1 | Registration by coordination.
...(A) A registration statement filed pursuant to section 1707.091 of the Revised Code shall include the following documents in addition to the information specified in divisions (B)(1) and (B)(4) of section 1707.091 of the Revised Code, and the consent to service of process required by section 1707.11 of the Revised Code, unless the division permits otherwise: (1) A copy of the articles of inco... |
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Rule 1301:6-3-09.1 | Registration by coordination.
...(A) A registration statement filed pursuant to section 1707.091 of the Revised Code shall include the following documents in addition to the information specified in divisions (B)(1) and (B)(4) of section 1707.091 of the Revised Code, and the consent to service of process required by section 1707.11 of the Revised Code, unless the division permits otherwise: (1) A copy of the articles of incorporation and code of re... |