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Commonly Asked Questions about Ohio Real Estate Legal Documents

Ohio law requires sellers to fill out a real estate disclosure. There are certain circumstances, however, where it is not needed. For example, when a property is a foreclosure, is being transferred directly between owners, or when a property is transferred to or from a governmental agency.
Yes, you should have a lawyer for an Ohio real estate transaction. Real estate law refers to both statutory and case law. It affects the ownership, purchase and sale of real estate. Q: Do I need a real estate lawyer when buying or selling property in Ohio?
By When Ohio Sellers Must Deliver the Disclosure Form to Buyers. Ohio real estate sellers are required to give a completed disclosure form to prospective home buyers (that is, to people with whom they might enter into a purchase contract) as soon as is practicable. (See Ohio Revised Code 5302.30(C).)
Answer: A written listing agreement must contain a definite expiration date , the fair housing logo, fair housing language and a place for the seller(s) to sign and date.
Under the laws in Ohio, no, sellers do not have an obligation to disclose a death in the house. It doesnt matter if it was a death from natural causes, a murder, a suicide or anything else of that nature.
A1: Yes, you can legally sell a house with asbestos in Ohio. However, you must comply with specific legal requirements, including disclosing the presence of asbestos to potential buyers. Transparency and adherence to state regulations are crucial throughout the sale process.
Ohio requires 30 hours of continuing education to be completed every three years by the licensees birthday. The first continuing education due date for a new licensee is three years after the licensees first birthday following licensure. The 30 hours must include 9 hours in 3 separate mandatory core courses.
Providing the form to the buyer Licensees working directly with a buyer, whether as a buyers agent or the sellers agent, must provide the buyer with the Agency Disclosure Statement no later than the time the buyer is ready to make an offer to purchase or lease property.