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Ohio Real Estate Exam Practice Questions

Practice questions covering Ohio real estate law, the Residential Property Disclosure Form, agency, and the PSI exam format to help you pass the Ohio exam.

May 1, 2025 · 5 min read

Ohio Real Estate Exam Practice Questions

The Ohio real estate exam is administered by PSI and consists of 80 national questions plus 40 state-specific questions for a total of 120 questions. You must score at least 75% — that is 90 correct answers — to pass. The time limit is 3 hours.

Sample National Questions

Question 1: A buyer purchases a property "as is" without an inspection contingency. Later, they discover the roof leaks. What is the most likely outcome?

A) The buyer can rescind the contract because the seller had a duty to disclose the leak B) The buyer is bound by the contract — "as is" means they accepted the property's condition C) The seller must pay for repairs even in an "as is" sale D) The broker is liable for not recommending an inspection

Answer: A (if the seller knew and did not disclose). In Ohio, sellers must complete the Residential Property Disclosure Form. Known material defects must be disclosed even in "as is" sales. If the seller knowingly concealed the leak, the buyer may have legal recourse.

Question 2: Which of the following best describes the cost approach to appraisal?

A) Estimate value by comparing similar recent sales in the area B) Estimate value by dividing net operating income by the capitalization rate C) Estimate value by calculating what it would cost to replace the improvements, less depreciation, plus land value D) Estimate value by analyzing gross rent multipliers

Answer: C. The cost approach: land value + replacement (or reproduction) cost of improvements - depreciation.

Sample Ohio State Questions

Question 3: How many hours of pre-license education must Ohio salesperson candidates complete?

A) 40 hours B) 75 hours C) 90 hours D) 120 hours

Answer: D. Ohio requires 120 hours of pre-license education for salesperson candidates — one of the highest requirements in the country.

Question 4: Ohio uses which type of lien enforcement process for mortgages?

A) Non-judicial foreclosure via deed of trust B) Judicial foreclosure via mortgage C) Power of sale through trustee D) Sheriff's auction without court involvement

Answer: B. Ohio is a mortgage state (not a deed of trust state), which means foreclosure is a judicial process — requiring a court proceeding before a property can be sold.

Question 5: Ohio's real estate licensing authority is:

A) Ohio Real Estate Commission B) Ohio Division of Real Estate and Professional Licensing under the Dept of Commerce C) Ohio Dept of Consumer Affairs Real Estate Board D) Ohio Professional Licensing Board

Answer: B. Ohio does not have a separate Real Estate Commission. Licensing is handled by the Ohio Division of Real Estate and Professional Licensing (OREPL) under the Ohio Department of Commerce.

Key Ohio State Facts for the Exam

  • Pre-license: 120 hours (one of the highest)
  • Passing score: 75% (90/120)
  • Renewal: every 3 years; CE: 30 hours (includes 3 hr civil rights/fair housing, 3 hr ethics)
  • Ohio uses mortgage (not deed of trust) — judicial foreclosure
  • No state transfer tax in Ohio
  • Residential Property Disclosure Form required
  • Ohio fair housing adds: marital status, military status, ancestry/lineage
  • Ohio is NOT a community property state

For more Ohio exam prep, visit [CARealestate.com/states/ohio](https://carealestate.com/states/ohio).

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