Posts By: Kristin Rosan, Madison & Rosan, LLP | Hondros College Contributor
Real Estate’s 12 Most Common Enforcement Issues
Blog
June 22, 2018 |
This week the Division of Real Estate issued its first newsletter since the Winter of 2016. Of note is a list of the 12 most common enforcement issues before the… Read more
Does Your Referral Fee Violate RESPA?
Blog
June 15, 2018 |
Ohio law permits real estate licensees to pay referral fees to real estate licensees licensed in another state or country. Conversely, licensees are prohibited from paying referral fees to unlicensed… Read more
Statute of Limitations for Fraud Claim Against a Real Estate Agent
Blog
June 8, 2018 |
Ohio’s Eighth District Court of Appeals issued a ruling last week that established when the statute of limitations begins to run for a fraud claim against a real estate agent…. Read more
Pre-Sale Home Inspections and Fees Declared Unconstitutional
Blog, Home Inspection
June 1, 2018 |
Earlier this year, the Federal District Court for the Southern District of Ohio issued a long-awaited ruling on the constitutionality of the City of Oakwood’s pre-sale or point of sale… Read more
Ohio Housing Finance Agency’s Homeownership Programs
Blog
May 25, 2018 |
An important part of a licensee’s duties is aiding clients with obtaining financing to purchase their home. Ohio’s Housing Financing Agency (or OHFA) offers homeownership products that help low to… Read more
Helping Your Client Navigate Real Estate Liens
Blog
May 18, 2018 |
In advance of closing, clients (whether buyers or sellers) will receive a report from the title company disclosing the liens against the property being sold. A basic understanding liens affecting… Read more
Five Best Practice Tips for an Escalation Clause
Blog
May 11, 2018 |
With a tight seller’s market, the use of escalation clauses is on the rise to give buyers an advantage over other competing buyers. Unfortunately, poorly worded escalation clauses can hurt… Read more
Bed Bugs – Prevention, Discovery, and Eradication
Blog
May 4, 2018 |
There are a lot of myths about bed bugs, and understanding how to prevent them, find them and get rid of them can be critical in avoiding a comprehensive investigation… Read more
Federal Fair Housing Act Turns 50
Blog
April 27, 2018 |
President Lyndon Johnson signed the federal Fair Housing Act in to law on April 11, 1968. The Act prohibits discrimination based on specified protected classes in the sale, rental, financing… Read more
How to Establish Your Business Entity
Blog
April 20, 2018 |
A little-known provision in license law permits licensees to receive their commissions in the name of their business entity rather than personally. Many licensees see tax and other benefits from… Read more
5 Tips for Complying with Ohio’s Unclaimed Funds Law
Blog
April 13, 2018 |
Many real estate brokerages do not realize they are subject to Ohio’s Unclaimed Funds Law. The law sets for the process of identifying and reporting funds a real estate brokerage… Read more
