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OHIO REAL ESTATE EXAM Questions
And Answers |Latest 2025 | Guaranteed Pass
The difference between what a borrower has to pay to purchase a property and the amount a
lender will lend on the property is the - Answer✔buyer's down payment
What specific authority does the Ohio Realtor Association have over real estate licensees? -
Answer✔A. Handling complaints against the licensees for regulation violations
B. Determining licensure requirements
C. Approving advertising for the sale or lease of real property
D. None
Answer: D. None
The distinguishing feature of a leasehold estate is? - Answer✔that the estate is limited by a
lease term.
OREC has which of the following duties? - Answer✔Audit trust accounts
Which of the following is true? - Answer✔A. When a licensee filed an appeal of the
commission's hearing findings, the commission's order is automatically suspended.
1
, ©THESTAR 2025 ALL RIGHTS RESERVED 11:52 PM A+
B. A licensee may appeal the commission's findings in a civil court.
C. After reviewing a hearing examiner's report and then modifying the report, the commission
may hold a hearing to consider reversing or modifying its own order.
D. When appealing the commission's findings, the licensee must file a notice of appeal with the
state's attorney.
Correct Answer: C.
Licensees must provide copies of all signed agreements and contracts to the signer -
Answer✔Immediately after signing
The "bundle of rights" refers to a set of rights - Answer✔Enjoyed by the owner of a property
Which of the following statements is false? - Answer✔A. Licensed brokers may receive
commission payments from foreign dealers of another state.
B. Brokers may pay commission owed to a licensee to that licensee's third party creditor.
C. Licensed salespersons may not take legal action against a client for nonpayment of
compensation.
D. Licensed salespersons may only accept compensation from their affiliated broker.
(FALSE) correct answer: B. Brokers may pay commission owed to a licensee to that licensees
third party creditor.
2
OHIO REAL ESTATE EXAM Questions
And Answers |Latest 2025 | Guaranteed Pass
The difference between what a borrower has to pay to purchase a property and the amount a
lender will lend on the property is the - Answer✔buyer's down payment
What specific authority does the Ohio Realtor Association have over real estate licensees? -
Answer✔A. Handling complaints against the licensees for regulation violations
B. Determining licensure requirements
C. Approving advertising for the sale or lease of real property
D. None
Answer: D. None
The distinguishing feature of a leasehold estate is? - Answer✔that the estate is limited by a
lease term.
OREC has which of the following duties? - Answer✔Audit trust accounts
Which of the following is true? - Answer✔A. When a licensee filed an appeal of the
commission's hearing findings, the commission's order is automatically suspended.
1
, ©THESTAR 2025 ALL RIGHTS RESERVED 11:52 PM A+
B. A licensee may appeal the commission's findings in a civil court.
C. After reviewing a hearing examiner's report and then modifying the report, the commission
may hold a hearing to consider reversing or modifying its own order.
D. When appealing the commission's findings, the licensee must file a notice of appeal with the
state's attorney.
Correct Answer: C.
Licensees must provide copies of all signed agreements and contracts to the signer -
Answer✔Immediately after signing
The "bundle of rights" refers to a set of rights - Answer✔Enjoyed by the owner of a property
Which of the following statements is false? - Answer✔A. Licensed brokers may receive
commission payments from foreign dealers of another state.
B. Brokers may pay commission owed to a licensee to that licensee's third party creditor.
C. Licensed salespersons may not take legal action against a client for nonpayment of
compensation.
D. Licensed salespersons may only accept compensation from their affiliated broker.
(FALSE) correct answer: B. Brokers may pay commission owed to a licensee to that licensees
third party creditor.
2
