Ohio License Law
What is a disclosed dual agent in Ohio and what duties are owed?
AAn agent who represents two sellers simultaneously
BAn agent representing both buyer and seller in the same transaction with informed consent and reduced fiduciary duties✓ Correct
CA broker working for two different companies
DAn agent with two active licenses
Explanation
A disclosed dual agent in Ohio represents both buyer and seller in the same transaction after obtaining written informed consent from both parties. The agent owes loyalty to both parties but cannot share confidential information with either.
Related Ohio Ohio License Law Questions
- What is Ohio's law regarding licensee signatures on documents?
- What is an unlicensed assistant allowed to do in Ohio real estate?
- Which of the following must an Ohio salesperson disclose in all advertising?
- In Ohio, advertising a property for sale without disclosing the brokerage name is:
- Which of the following is an exemption from Ohio real estate licensing requirements?
- What is the Ohio real estate license renewal period?
- What is the Ohio requirement for maintaining records of real estate transactions?
- What is Ohio's definition of a 'licensed broker' vs. a 'principal broker'?
Practice More Ohio Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Ohio Quiz →