Ohio License Law
Under ORC 4735, the Ohio Superintendent of Real Estate has the authority to:
ASet commission rates for all Ohio brokers
BInvestigate complaints against licensees and recommend disciplinary action to OREC✓ Correct
CRevoke licenses without a hearing
DApprove all purchase contracts over $1,000,000
Explanation
The Ohio Superintendent of Real Estate administers ODREPL, investigates complaints, and presents cases to OREC. The Superintendent cannot unilaterally revoke licenses — that requires OREC action after a hearing.
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