Ohio License Law
What does Ohio law require when a salesperson transfers to a new broker?
AThe salesperson simply notifies ODREPL
BThe old broker must notify ODREPL of termination; the salesperson obtains a new license under the new broker✓ Correct
CThe salesperson can practice during the transition
DA waiting period of 30 days is required
Explanation
When an Ohio salesperson changes brokers, the former broker notifies ODREPL and returns or terminates the salesperson's license. The salesperson then re-licenses under the new broker. The salesperson cannot practice real estate during the period between the two brokers.
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