Ohio Revised Code Search

...appraisal practice. (B) "Appraisal management company" means any person authorized either by a creditor of a consumer credit transaction secured by a consumer's principal dwelling, or by an underwriter o f or other principal in the secondary mortgage markets, that performs appraisal management services in connection with valuing properties collateralizing mortgage loans or valuing properties collateralizing mortgag...

...hapter: (a) Directly or indirectly engage or attempt to engage in business as an appraisal management company; (b) Directly or indirectly engage in or attempt to perform appraisal management services; (c) Advertise or hold itself out as engaging in or conducting business as an appraisal management company. (2) A person that violates division (A)(1) of this section may be subject to sanctions under section 476...

...e fees: (a) The initial appraisal management company license fee, which shall not exceed two thousand dollars; (b) The annual renewal fee, which shall not exceed two thousand dollars; (c) The late filing fee, which shall not exceed one thousand dollars, for the renewal of a license under division (C) of section 4768.07 of the Revised Code. (3) Requirements for settlement agreements that the superintendent...

...names and addresses of all appraisal management companies issued a license under this chapter; (5) Perform any other functions and duties, including the employment of staff, necessary to administer this chapter; (6) Administer this chapter; (7) Issue all orders necessary to implement this chapter; (8) Investigate complaints, upon the motion of the superintendent of real estate and professional licensing or up...

...or the superintendent, the fees and mileage provided for under section 119.094 of the Revised Code. If two or more witnesses travel together in the same vehicle, the mileage fee shall be p aid to only one of those witnesses, but the witnesses may agree to divide the fee amongst themselves in any manner. If any person fails to file any statement or report, obey any subpoena, give testimony, answer questions, or prod...

...(A) An appraisal management company licensed under this chapter may obtain a renewal license by filing an annual renewal application with the superintendent of real estate and professional licensing and paying the renewal fee established under division (A)(2) of section 4768.03 of the Revised Code. The renewal application shall include a statement, signed by the licensee's controlling person, that states all of the f...

...The superintendent of real estate and professional licensing may refuse to issue a license to an applicant under this chapter based upon any act or omission for which a person, including a licensee, may be disciplined under division (K) of section 4768.13 of the Revised Code or may refuse to renew a license if the licensee has failed to comply with this chapter. If the superintendent refuses to issue or renew a licen...

...(A) An appraisal management company shall not remove the appraiser from its appraiser panel or otherwise refuse to assign requests for real estate appraisal services to the appraiser without first doing both of the following: (1) Notifying the appraiser in writing of the reasons the appraiser is being removed from the appraiser panel or is refused assignment requests for appraisal services; (2) Providing the appr...

...(A) Each appraisal management company licensed under this chapter shall maintain all of the following items for a period of at least five years from the date the appraisal report is submitted to the client: (1) The original or true copy of every request relating to the report that the appraisal management company receives from the client; (2) The original or true copy of each request sent to an appraiser who is c...

...(A) No employee, director, officer, or agent of an appraisal management company licensed under this chapter shall recklessly influence or attempt to influence the development, reporting, or review of an appraisal through coercion, extortion, collusion, compensation, instruction, inducement, intimidation, bribery, or in any other manner, including the following: (1) Withholding or threatening to withhold timely paym...

...(A) An appraisal management company licensed under this chapter shall compensate an appraiser for the completion of an appraisal within sixty days of the date on which the appraiser transmits or otherwise provides the completed appraisal to the appraisal management company or its assignees, except in cases of breach of contract or substandard performance of services. (B)(1) An appraisal management company licensed ...

...t any person, including an appraisal management company licensed under this chapter, to which any of the following grounds apply: (1) The person procured or attempted to procure a license under this chapter by knowingly making a false statement, submitting false information, refusing to provide complete information in response to a question in an application for l icensure, or by any means of fraud or misrepresenta...

...e party allegedly is engaging or has engaged that is a violation of division (A)(1) of section 4768.02 of the Revised Code; (2) The applicable law allegedly violated; (3) A statement informing the party that a hearing concerning the alleged violation will be held before a hearing examiner, and a statement giving the date and place of that hearing; (4) A statement informing the party that the party or the par...

...The superintendent of real estate and professional licensing shall deposit all moneys collected under this chapter into the state treasury to the credit of the real estate operating fund created under section 4735.211 of the Revised Code.

...(A) Whoever violates division (A)(1), (2), (3), (4), (5), (6), (7), (8), or (9) or division (C) of section 4768.11 of the Revised Code is guilty of a felony of the fifth degree. (B) Whoever violates division (A)(10), (11), (12), or (13) of section 4768.11 of the Revised Code is guilty of a misdemeanor of the first degree.

...As used in this chapter: (A) "Agent contract" means any contract or agreement pursuant to which an athlete authorizes or empowers or agrees to authorize or empower at some later date an athlete agent to do any of the following: (1) Negotiate or solicit an agreement on behalf of the athlete with one or more professional sports teams for the employment of the athlete by a professional sports team; (2) Negotiate o...

...(A) No athlete agent shall enter into an agent contract with an athlete unless the agent complies with all of the following agent contract requirements: (1) The agent contract is in writing on a form approved by the Ohio athletic commission and includes all agreements between the parties. (2) The agent contract includes in boldface, twelve-point type, on the initial page of the agent contract, the following langua...

...(A) As used in this section, "name, image, or likeness" has the same meaning as in section 3376.01 of the Revised Code. (B) No athlete agent shall enter into an agent contract with an athlete under which the athlete agent represents the athlete in relation to contracts or legal matters regarding opportunities to earn compensation for use of the athlete's name, image, or likeness if the agent contract remains in ef...

...No athlete agent shall commence or maintain an action in any court in this state on the basis of any agent contract entered into in this state unless the contract complies with section 4771.02 of the Revised Code.

...Any agent contract entered into in violation of this chapter shall be void and unenforceable. An agent contract entered into in this state or an agent contract entered into with an athlete who is enrolled in an educational institution or institution of higher education located in this state shall be governed by Ohio law.

...pplicant for registration as an athlete agent; (B) Issue and renew biennial certificates of registration for an athlete agent pursuant to this chapter; (C) Maintain records of every athlete agent registered in this state, including the agent's business and residential address, and the date and number of the agent's registration; (D) Establish an application form to be completed by an individual seeking registratio...

...No person shall serve as an athlete agent in this state unless the person holds a current and valid certificate of registration as an athlete agent issued under section 4771.08 of the Revised Code, a temporary certificate issued under section 4771.08 of the Revised Code, or a temporary certificate of convenience issued under section 4771.09 of the Revised Code.

...dual who desires to serve as an athlete agent within this state shall first file an application for registration with the Ohio athletic commission. The applicant shall apply using a form prescribed by the commission and shall provide all the following information: (1) The name and residential address of the applicant; (2) The address of the primary location in which the applicant wishes to conduct business as an at...

...described in that chapter as an athlete agent in a state that does not issue that certificate of registration. (B) The commission may issue a temporary certificate of registration, effective for a period of up to ninety days after the issuance of the temporary registration, to a nonresident athlete agent who is registered as an athlete agent in another state, or to a person who has not submitted all the material r...

...ience to conduct business as an athlete agent when a registered athlete agent is deceased, or declared incompetent or physically infirm by the judgment of a court of competent jurisdiction. The commission may issue a certificate of convenience upon either receiving approval to do so from a probate court or finding that the last will and testament of the athlete agent specifically authorizes the executor or administra...