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The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation.

Section 4735.59 | Changing the party a licensee represents.

Ohio Revised Code
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Title 47 Occupations-Professions
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Chapter 4735 Real Estate Brokers
 
You are viewing a past version of this section that is no longer in effect View Current Version
Effective:
September 29, 2011
Legislation:
House Bill 153 - 129th General Assembly
PDF:
Download Authenticated PDF
 

To change the party a licensee represents in a real estate transaction after an agency disclosure statement has been signed and dated or following verbal disclosure of the agency relationship, the licensee shall obtain written consent from the party originally represented to represent another party in the transaction. The licensee shall promptly notify all persons who had been notified of the original relationship.

The Ohio real estate commission may adopt rules in accordance with Chapter 119. of the Revised Code to provide for required disclosures when a licensee terminates an agency relationship and becomes a principal in the transaction.

Available Versions of this Section