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Posts By: Kristin Rosan, Madison & Rosan, LLP

How Medical Marijuana Will Change Your Practice

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Medical marijuana has been decriminalized in some states. However, under federal law, landlords are permitted to decline rent to a user of medical marijuana. So where does Ohio stand? Here we’ll go over the Cole Memo, Ohio’s law in response, and how this law change may affect the Ohio real estate industry. Understanding medical marijuana… Read more

How to Help a Client that is Selling and Buying a House

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In a hot real estate market, many sellers are looking to make a move. Often times agents are asked, “When selling and buying a house, which should I do first?” The answer depends on each seller’s specific preferences and needs; attention to detail and knowledge are two of our Keys to Real Estate Agent Success. There… Read more

Legal Roundup: Amazon Entering Real Estate, Amendment to Closing Disclosure Rule, and More!

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This week’s “Legal Roundup” involves industry updates involving Amazon’s decision to potentially enter the real estate market, the Consumer Financial Protection Bureau amending  its “Know Before You Owe” mortgage disclosure rule, and Ohio’s Budget Bill eliminating property tax appeal rights. Check out the full details of each story below and stay in-the-know on what’s on in… Read more

Needed Change to Ohio’s Good Funds Law

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In 2016, for the first time in 20 years, the Ohio legislature updated Ohio’s Good Funds Law. The changes were intended to address fraud as it relates to certified checks, money orders, and other financial instruments. In April of 2017, the changes became effective and almost immediately raised compliance issues in the real estate industry…. Read more

Online License Renewal Active July 17, 2017

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The Ohio Division of Real Estate is making another great improvement to the services it provides to real estate licensees, this time involving online license renewal. As you know, the Division has provided for a number of years online access to view licensee information, coursework, and enforcement history. Soon, real estate professionals will benefit from… Read more

Be Wary of the Perils of Electronic Communication

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Seventy-seven percent of sellers expect a response from their agent within 30 minutes.[i] Eighty-eight percent of buyers expect a response from their agent within one hour.[ii] Do not expect the same from your attorney! All jokes aside, this puts a ton of pressure on agents to respond in the most expeditious manner or risk losing… Read more

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