Home » Articles posted by Kristin Rosan, Madison & Rosan, LLP | Hondros College Contributor

Posts By: Kristin Rosan, Madison & Rosan, LLP | Hondros College Contributor

Complaints on Real Property Valuation

Blog, Real Estate, Resources

Property owners that believe their property is worth less than the value assessed by the County Auditor, can file a complaint on the property valuation. The property valuation is used… Read more

Momentum to Increase Commission Transparency

Blog, Real Estate

The Consumer Federation of American (CFA) has released a report, which estimates only 32% of Americans know a typical commission for a real estate agent. The CFA is an association… Read more

Background Check Requirement Added to Real Estate Licensure Applications

Blog, Real Estate

Applicants for a real estate salesperson or broker’s license must now complete a background check as part of the application process. The requirement also extends to those “upgrading” their licenses… Read more

What the MLS Clear Cooperation Policy means for Off-Market Listings

Blog, Real Estate, Resources

The National Association of Realtors (NAR) has adopted a rule change that will require all members to submit their listings to the multiple listing service (MLS) within one business day… Read more

Division Delays Home Inspector Licensing

Blog, Home Inspection, Real Estate

In a statement issued October 11, 2019, the Division of Real Estate advised that it will not enforce the November 1, 2019 licensing deadline for new home inspectors. The Ohio… Read more

Using Broker Lien Law to Protect Commissions

Blog, Real Estate

Commercial Brokers have an added tool available for them to collect an outstanding commission. Ohio’s Broker Lien Law allows a broker to file an affidavit creating a lien against an… Read more

Appellate Court Affirms Revocation of Salesperson’s License

Resources

The Tenth District Court of Appeals has affirmed an order of the Ohio Real Estate Commission revoking a real estate salesperson’s license (“Licensee”). By way of background, the Licensee and… Read more

Ohio Department of Commerce Issues Fiscal Year 2019 Report

Blog, Real Estate

The Ohio Department of Commerce has issued its annual report for fiscal year 2019. As the state’s chief regulatory agency, Commerce regulates more than 6,000,000 licensees and regulated entities. One… Read more

Updates to Home Inspection Rules

Blog, Home Inspection, Real Estate

UPDATED SEPTEMBER 12, 2019: As of Thursday, September 5th, 2019,  the Home Inspection Board approved the draft of the Ohio Administrative Rules for the state of Ohio and will be… Read more

Division of Real Estate Releases Mid-Year Discipline Summaries

Blog

The Division of Real Estate has released discipline summaries for enforcement cases before the Real Estate Commission from January through May of 2019. During the first five months of this… Read more

Navigating the Statute of Frauds

Blog, Real Estate

Generally, a statute of frauds is a law that requires certain types of contracts to be in writing and signed by the parties. Although laws vary from state to state,… Read more

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