Ohio License Law
Under Ohio law, which of the following transactions requires a real estate license?
AA property owner selling their own home
BA licensed attorney negotiating a commercial lease for a client for compensation
CA licensed real estate broker negotiating the sale of a business that includes real estate✓ Correct
DA property owner managing their own portfolio of rental properties
Explanation
A licensed broker may negotiate the sale of a business that includes real estate as part of the transaction. Selling one's own property, an attorney acting in their professional capacity, and self-management are exempt.
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