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Ohio Interstate Real Estate Guide

Out of State Licensee (OSL) Participation in deals:  
Cooperative State

Ohio Out of State Broker Cooperation

An out-of-state licensee can perform work on a transaction involving commercial real estate*, so long as the out-of-state licensee:
a) enters into a written agreement with Ohio broker;
b) files consent to jurisdiction in Ohio;
c) furnishes certificate of good standing in home state to Ohio broker;
d) all funds received are deposited in Ohio broker's escrow account.

* defined as any property except property with 1 to 4 residential units or condominiums, townhouses, manufactured homes, or individual homes which are sold individually, even though they are part of a larger group.
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Ohio Real Estate License Types
Ohio ​Real Estate Exam Providers
Ohio Real Estate Waivers
Real Estate Salesperson
​Real Estate Broker
​PSI Exams
For Reciprocal States only
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Ohio Real Estate Reciprocity

Not Specified.  Any State.

* These State Licensees must take the Ohio Real Estate Law Course and pass the State portion of the Ohio Real Estate Exam.
Confirmed by the Ohio Division of Real Estate and Professional Licensing

Specific to Ohio Real Estate ​

- Must maintain a Trust account.
- Must have a physical location as a place of business.
- OH is considered a Single Entity State, meaning that a Broker in this state can only represent one entity, whereas a broker in other states may represent multiple entities.
"
A licensed real estate broker who is a member or officer of a partnership, association, limited liability company, limited liability partnership, or corporation shall only act as a real estate broker for such partnership, association, limited liability company, limited liability partnership, or corporation."
- 
Section 4735.13 

If You Need a Broker, Contact Us

Ohio Reverse Reciprocity

​These states specifically mention Ohio in their Reciprocity: 
Arkansas, Connecticut, Nevada (salesperson only), West Virginia.

These States recognize any other State licenses but may have additional requirements: 
​Alaska, Alabama, Colorado, Georgia, Idaho, Indiana, Kansas, Maine, Nebraska, North Carolina, Rhode Island, South Dakota, Tennessee, Vermont, Washington

Ohio Real Estate ​Links

No Reciprocity Page
​Ohio Real Estate Commission

Ohio Real Estate ​Customs

Title companies and lenders handle closings.
Conveyance is by warranty deed. Dower rights require that all documents involving a married person must be executed by both spouses. Mortgages are the security instruments.
Ohio uses ALTA policies; they get a commitment at closing and a policy following the recording of documents.
Buyers and sellers negotiate who’s going to pay closing costs and title insurance premiums, but sellers pay the transfer taxes.
Property tax payment dates vary throughout the state.


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​Peter Ciriello is a licensed real estate broker in New York, California and Georgia.
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