Real Estate Law Exam Questions and
answers 2025\2026 A+ Grade
What is the primary purpose of most civil lawsuits?
- correct answer to compensate a person who has been harmed
A person who commits a tort.......
- correct answer has violated the standards of reasonable conduct
Unconstitutional law...........
- correct answer exceeds the powers granted to the government
Which would be most likely to issue an ordinance?
- correct answer A. The Ashtabula county court
B. the Dayton city council
C. The Ohio Real Estate Commission
D. The Ohio State Senate
Answer: B
What is the main purpose of the doctrine of Stare Decises ?
- correct answer to make court decisions more consistent and predictable
What can limit a courts jurisdiction?
- correct answer - amount of money at issue in a case
- geographical boundaries
- subject matter of the case
, Alice sued Betty for breach of contract, claiming $175,000 in damages. Which kind of state court did
Alice file suit in?
- correct answer Court of Common Pleas
An example of a person who does not need a real estate license is.......
- correct answer a salaried employee of ABC Corporation when selling the company's own property
The Ohio real estate commission is part of what?
- correct answer the Department of Commerce
Which authority revokes licenses?
- correct answer The real estate commission
An example of what a real estate licensee is NOT allowed to do......
- correct answer - draft deeds for sellers
-keep the earnest money if the deed falls through
-use an open-ended expiration date on an open listing agreement
A real estate licensee is allowed to......
- correct answer offer real estate to the market only on the terms allowed by the seller
a sales associate can
- correct answer personally buy a listing only after disclosure to the seller that the sales associate is a
principal
what must all brokers have ?
- correct answer a place of business to operate as brokers
A real estate licensee can begin the practice of real estate when?
- correct answer the license has been issued by the Division of Real Estate
In order to use the real estate recovery fund, one must be...
- correct answer damaged by a licensee in a real estate transaction
answers 2025\2026 A+ Grade
What is the primary purpose of most civil lawsuits?
- correct answer to compensate a person who has been harmed
A person who commits a tort.......
- correct answer has violated the standards of reasonable conduct
Unconstitutional law...........
- correct answer exceeds the powers granted to the government
Which would be most likely to issue an ordinance?
- correct answer A. The Ashtabula county court
B. the Dayton city council
C. The Ohio Real Estate Commission
D. The Ohio State Senate
Answer: B
What is the main purpose of the doctrine of Stare Decises ?
- correct answer to make court decisions more consistent and predictable
What can limit a courts jurisdiction?
- correct answer - amount of money at issue in a case
- geographical boundaries
- subject matter of the case
, Alice sued Betty for breach of contract, claiming $175,000 in damages. Which kind of state court did
Alice file suit in?
- correct answer Court of Common Pleas
An example of a person who does not need a real estate license is.......
- correct answer a salaried employee of ABC Corporation when selling the company's own property
The Ohio real estate commission is part of what?
- correct answer the Department of Commerce
Which authority revokes licenses?
- correct answer The real estate commission
An example of what a real estate licensee is NOT allowed to do......
- correct answer - draft deeds for sellers
-keep the earnest money if the deed falls through
-use an open-ended expiration date on an open listing agreement
A real estate licensee is allowed to......
- correct answer offer real estate to the market only on the terms allowed by the seller
a sales associate can
- correct answer personally buy a listing only after disclosure to the seller that the sales associate is a
principal
what must all brokers have ?
- correct answer a place of business to operate as brokers
A real estate licensee can begin the practice of real estate when?
- correct answer the license has been issued by the Division of Real Estate
In order to use the real estate recovery fund, one must be...
- correct answer damaged by a licensee in a real estate transaction
