Ohio License Law

Under ORC 4735, what are the consequences of a broker failing to supervise their licensees?

ANo legal consequences
BThe broker may face license suspension, revocation, or civil liability for salesperson misconduct resulting from inadequate supervision✓ Correct
COnly the salesperson is liable
DA warning letter is the only consequence

Explanation

Ohio brokers who fail to adequately supervise their associated salespersons may face OREC disciplinary action including license suspension or revocation. They may also face civil liability (under respondeat superior doctrine) for salesperson misconduct occurring within the scope of employment.

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