Contracts
When is an offer considered accepted in an Ohio real estate transaction?
AWhen the offeror signs the offer
BWhen the offeree signs the acceptance and the offeror is notified✓ Correct
CWhen the earnest money is deposited
DWhen both parties meet in person
Explanation
A contract is formed when the offeree accepts the offer and the offeror receives notice of the acceptance. Under Ohio law, acceptance requires communication of the acceptance to the offeror.
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