Ohio Administrative Code Search

...(A) Any person may ascertain the time and place of all regularly scheduled meetings and the time, place, and purpose of all special meetings by: (1) Writing to the following address - "Ohio Real Estate Commission, Division of Real Estate and Professional Licensing, 6606 Tussing Road PO Box 4008Reynoldsburg, OH 43068"; (2) Calling the following telephone number during normal business hours - 614-466-4100; or (3) Ac...

...(A) To establish an individual's satisfactory completion of the educational requirements prescribed in sections 4735.07 and 4735.09 of the Revised Code, the individual shall present to the division of real estate and professional licensing a properly issued certificate, transcript or similar documentation from the institution or entity at which the course of education was completed. (B) The post-...

...(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. (...

...(A) For purposes of this rule, "team" includes any group of two or more associated real estate licensees affiliated with the same brokerage and any other non-licensed professionals, such as administrative assistants and other professionals specializing in real estate related fields who advertise together in a group with a group name and that name is not licensed pursuant to Chapter 4735. of th...

...The post-licensure instruction as prescribed in division (G)(1) of section 4735.07 and in division (J) of section 4735.09 of the Revised Code shall not be offered to a licensee in which the instruction exceeds eight hours in any one calendar day.

...(A) For purposes of assisting in the administration of the real estate education and research fund, as provided in division (C) of section 4735.03 of the Revised Code, the commission may appoint an education and research fund advisory committee. (B) The committee shall consist of nine voting members with three year staggered terms. Chairperson, vice-chairperson and members shall be appointed annu...

...(A) An individual working with residential rental property who works under the supervision of a principal broker or management level licensee and whose compensation for service is primarily on a salaried or hourly basis, paid by and through the brokerage, shall be exempt from licensure if the individual only performs the following limited duties: (1) Maintenance; (2) Clerical or administrati...

...(A) (1) If a purchaser or seller declines to acknowledge receipt of the "Consumer Guide to Agency Relationships" required pursuant to section 4735.56 of the Revised Code or sign an agency disclosure form that is presented as required by section 4735.58 of the Revised Code, the licensee shall note the following on the bottom of the form: (a) The party(ies) to whom the form was presented; (b) T...

...(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...

...(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 ...

...(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 ...

...(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...

...(A) For purposes of division (E) of section 1707.02 of the Revised Code, the division finds that securities listed on the national securities exchanges, or segments or tiers thereof, as identified by rule 146 under the Securities Act of 1933, 15 U.S.C.A. 77a shall be deemed exempt securities. (B) The designation of securities in paragraphs (A) of this rule as exempt securities is conditioned on such exchanges' lis...

...(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...

...(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...

...(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...

...(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...

...(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...

...(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...

...(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...

...(A) Issuers may elect to submit notice filings to the division electronically. (1) Investment companies that have registered securities, or have filed a registration statement, under the Investment Company Act of 1940, 15 U.S.C. 80a-1 et seq., as amended, issuers relying on Rule 506 of Regulation D, 17 CFR 230.506, as amended, eligible tier 2 issuers pursuant to Regulation A, 17 CFR 230.251 et se...

...(A) A dealer's license shall be required of a person who acts as a dealer, as defined in division (E) of section 1707.01 of the Revised Code subject, to the provisions of division (A)(1) of section 1707.14 of the Revised Code, and to the following exceptions: (1) Without a license, a person may sell the promissory notes or commercial paper of its subsidiary, provided such securities are not offered for sale, directl...

...(A) The notice filing specified in division (B) of section 1707.141 of the Revised Code shall: (1) Consist of a fully completed part 1 of the form ADV, uniform application for investment adviser registration, fully completed schedules and disciplinary reporting pages pertaining to part 1 of the form ADV, a fully completed execution page of the form ADV, and a fully completed part 2A of the form ADV; and (2) Be sub...

...(A) The notice filing specified in division (B) of section 1707.141 of the Revised Code shall: (1) Consist of a fully completed part 1 of the form ADV, uniform application for investment adviser registration, fully completed schedules and disciplinary reporting pages pertaining to part 1 of the form ADV, a fully completed execution page of the form ADV, a fully completed part 2A of the form ADV; ...

...(A) Pursuant to division (C) of section 1707.142 of the Revised Code, a dealer that is not required under federal law or the law of this state to register as a broker or dealer with the securities and exchange commission may elect to comply with paragraphs (B) to (M) of this rule in lieu of requirement contained in section 15 of the Securities and Exchange Act of 1934, 48 Stat. 881, 15 U.S.C. 78o, as amended, section...