Ohio PSI Real Estate State Portion 2026/2027 | Ohio Real Estate License State
Exam Study Guide & Practice Questions | PSI Ohio Real Estate Salesperson &
Broker State Portion Exam Prep, Ohio Division of Real Estate & Professional
Licensing, Ohio Real Estate Commission, Ohio License Law & Rules, Licensing
Requirements, Renewal & Continuing Education, Advertising Rules, Brokerage
Relationships & Agency Law, Commissions, Record Keeping, Trust Accounts,
Listings, Offers & Counteroffers, Property Management, Rentals, Fair Housing,
Recovery Fund, Ethics, Violations, Penalties & Detailed Rationales
Question 1: Under Ohio law, what is the required timeframe within
which an applicant must pass both the national and state portions
of the real estate salesperson examination after being notified of
testing eligibility?
A. Six months
B. Twelve months
C. Eighteen months
D. Twenty-four months
CORRECT ANSWER: B. Twelve months
Rationale: According to Ohio Administrative Code Rule 1301:5-1-05, an
applicant must pass both portions of the real estate examination within
twelve months from the date the Division notifies the testing vendor of the
applicant's testing eligibility. If the applicant fails to pass both portions
within this period, the file is closed and a new application must be
submitted.
Question 2: What is the minimum passing scaled score required for
the Ohio state portion of the real estate salesperson examination?
A. 60%
B. 65%
C. 70%
D. 75%
CORRECT ANSWER: C. 70%
Rationale: The Ohio Administrative Code specifies that a salesperson
license applicant must achieve a scaled score of at least 70% on each
portion of the examination. The state portion comprises one-third of the
total examination content and must be passed independently of the
national portion.
,Question 3: How many questions are included in the Ohio state-
specific portion of the real estate salesperson examination?
A. 20 questions
B. 30 questions
C. 40 questions
D. 50 questions
CORRECT ANSWER: C. 40 questions
Rationale: The Ohio real estate salesperson examination consists of 120
total questions divided into two sections: 80 questions on the national
portion and 40 questions on the Ohio-specific portion. The state portion
focuses on laws, regulations, and practices specific to Ohio real estate.
Question 4: According to Ohio license law, which of the following
best describes the purpose of the Consumer Guide to Agency
Relationships?
A. It is a marketing tool designed to attract new clients to the brokerage
B. It provides written disclosures about agency relationships that the
licensee must provide to prospective clients
C. It serves as a binding contract between the broker and the client
D. It is an optional document that licensees may provide at their discretion
CORRECT ANSWER: B. It provides written disclosures about
agency relationships that the licensee must provide to prospective
clients
Rationale: The Consumer Guide to Agency Relationships is required by
Ohio law and must contain specific written disclosures. The guide must be
provided to prospective sellers, lessors, purchasers, and lessees, and the
agent must obtain their signature acknowledging receipt. This is a
mandatory disclosure requirement, not optional.
Question 5: What is the required font size for the title "Consumer
Guide to Agency Relationships" on the Ohio consumer guide
document?
A. 9 points
B. 11 points
C. 12 points
D. 14 points
,CORRECT ANSWER: D. 14 points
Rationale: Ohio Administrative Code Rule 1301:5-6-05 specifies that the
title "Consumer Guide to Agency Relationships" must be in a font size of no
less than fourteen points. This requirement ensures the document is clearly
identifiable and readable.
Question 6: Under Ohio law, when must a real estate licensee
provide the Consumer Guide to Agency Relationships to a
prospective client?
A. At the time of signing a purchase agreement
B. At first substantive contact with the prospective client
C. Only upon written request from the client
D. Within 30 days of the initial meeting
CORRECT ANSWER: B. At first substantive contact with the
prospective client
Rationale: Ohio law requires that the Consumer Guide to Agency
Relationships be provided to prospective sellers, lessors, purchasers, and
lessees at first substantive contact. This ensures clients understand agency
relationships before engaging in substantive discussions about real estate
transactions.
Question 7: Which of the following is NOT a required component of
the Ohio Consumer Guide to Agency Relationships?
A. The brokerage name and fair housing logo
B. A disclosure of the brokerage policy on unrepresented customers
C. The names of all salespersons affiliated with the brokerage
D. A description of permissible agency forms under Ohio law
CORRECT ANSWER: C. The names of all salespersons affiliated
with the brokerage
Rationale: Ohio Administrative Code Rule 1301:5-6-05 specifically prohibits
the inclusion of any salesperson names, team advertising names, or
unlicensed person names in the Consumer Guide. The guide must contain
the brokerage name and fair housing logo, but individual salesperson names
are not permitted.
Question 8: What is the maximum real property transfer tax rate
that an Ohio county may levy without voter approval?
, A. 10 cents per hundred dollars
B. 20 cents per hundred dollars
C. 30 cents per hundred dollars
D. 50 cents per hundred dollars
CORRECT ANSWER: C. 30 cents per hundred dollars
Rationale: Ohio Revised Code Section 322.02 permits any county to levy a
real property transfer tax at a rate not to exceed thirty cents per hundred
dollars of the property value. This tax is levied on the grantor and paid at
the time of deed delivery.
Question 9: Who is responsible for paying the Ohio real property
conveyance fee in a typical transaction?
A. The grantee (buyer)
B. The grantor (seller)
C. Split equally between buyer and seller
D. The real estate broker
CORRECT ANSWER: B. The grantor (seller)
Rationale: Under Ohio law, the real property transfer tax is levied upon the
grantor named in the deed and is paid by the grantor for the use of the
county. The tax is paid to the county auditor at the time of deed delivery
and prior to recording.
Question 10: Under Ohio's earnest money rules, if a dispute arises
and the purchase agreement contains a provision allowing return
to the purchaser, when must the broker return the earnest money if
no court action is filed?
A. Within 30 days of the dispute
B. Within 6 months of the dispute
C. Not later than September 1st following the two-year anniversary of
deposit
D. Within 5 years of the deposit
CORRECT ANSWER: C. Not later than September 1st following the
two-year anniversary of deposit
Rationale: Ohio Revised Code Section 4735.24(C)(1) provides that if the
parties dispute earnest money disbursement and the purchase agreement
contains the return-to-purchaser provision, the broker must return the
Exam Study Guide & Practice Questions | PSI Ohio Real Estate Salesperson &
Broker State Portion Exam Prep, Ohio Division of Real Estate & Professional
Licensing, Ohio Real Estate Commission, Ohio License Law & Rules, Licensing
Requirements, Renewal & Continuing Education, Advertising Rules, Brokerage
Relationships & Agency Law, Commissions, Record Keeping, Trust Accounts,
Listings, Offers & Counteroffers, Property Management, Rentals, Fair Housing,
Recovery Fund, Ethics, Violations, Penalties & Detailed Rationales
Question 1: Under Ohio law, what is the required timeframe within
which an applicant must pass both the national and state portions
of the real estate salesperson examination after being notified of
testing eligibility?
A. Six months
B. Twelve months
C. Eighteen months
D. Twenty-four months
CORRECT ANSWER: B. Twelve months
Rationale: According to Ohio Administrative Code Rule 1301:5-1-05, an
applicant must pass both portions of the real estate examination within
twelve months from the date the Division notifies the testing vendor of the
applicant's testing eligibility. If the applicant fails to pass both portions
within this period, the file is closed and a new application must be
submitted.
Question 2: What is the minimum passing scaled score required for
the Ohio state portion of the real estate salesperson examination?
A. 60%
B. 65%
C. 70%
D. 75%
CORRECT ANSWER: C. 70%
Rationale: The Ohio Administrative Code specifies that a salesperson
license applicant must achieve a scaled score of at least 70% on each
portion of the examination. The state portion comprises one-third of the
total examination content and must be passed independently of the
national portion.
,Question 3: How many questions are included in the Ohio state-
specific portion of the real estate salesperson examination?
A. 20 questions
B. 30 questions
C. 40 questions
D. 50 questions
CORRECT ANSWER: C. 40 questions
Rationale: The Ohio real estate salesperson examination consists of 120
total questions divided into two sections: 80 questions on the national
portion and 40 questions on the Ohio-specific portion. The state portion
focuses on laws, regulations, and practices specific to Ohio real estate.
Question 4: According to Ohio license law, which of the following
best describes the purpose of the Consumer Guide to Agency
Relationships?
A. It is a marketing tool designed to attract new clients to the brokerage
B. It provides written disclosures about agency relationships that the
licensee must provide to prospective clients
C. It serves as a binding contract between the broker and the client
D. It is an optional document that licensees may provide at their discretion
CORRECT ANSWER: B. It provides written disclosures about
agency relationships that the licensee must provide to prospective
clients
Rationale: The Consumer Guide to Agency Relationships is required by
Ohio law and must contain specific written disclosures. The guide must be
provided to prospective sellers, lessors, purchasers, and lessees, and the
agent must obtain their signature acknowledging receipt. This is a
mandatory disclosure requirement, not optional.
Question 5: What is the required font size for the title "Consumer
Guide to Agency Relationships" on the Ohio consumer guide
document?
A. 9 points
B. 11 points
C. 12 points
D. 14 points
,CORRECT ANSWER: D. 14 points
Rationale: Ohio Administrative Code Rule 1301:5-6-05 specifies that the
title "Consumer Guide to Agency Relationships" must be in a font size of no
less than fourteen points. This requirement ensures the document is clearly
identifiable and readable.
Question 6: Under Ohio law, when must a real estate licensee
provide the Consumer Guide to Agency Relationships to a
prospective client?
A. At the time of signing a purchase agreement
B. At first substantive contact with the prospective client
C. Only upon written request from the client
D. Within 30 days of the initial meeting
CORRECT ANSWER: B. At first substantive contact with the
prospective client
Rationale: Ohio law requires that the Consumer Guide to Agency
Relationships be provided to prospective sellers, lessors, purchasers, and
lessees at first substantive contact. This ensures clients understand agency
relationships before engaging in substantive discussions about real estate
transactions.
Question 7: Which of the following is NOT a required component of
the Ohio Consumer Guide to Agency Relationships?
A. The brokerage name and fair housing logo
B. A disclosure of the brokerage policy on unrepresented customers
C. The names of all salespersons affiliated with the brokerage
D. A description of permissible agency forms under Ohio law
CORRECT ANSWER: C. The names of all salespersons affiliated
with the brokerage
Rationale: Ohio Administrative Code Rule 1301:5-6-05 specifically prohibits
the inclusion of any salesperson names, team advertising names, or
unlicensed person names in the Consumer Guide. The guide must contain
the brokerage name and fair housing logo, but individual salesperson names
are not permitted.
Question 8: What is the maximum real property transfer tax rate
that an Ohio county may levy without voter approval?
, A. 10 cents per hundred dollars
B. 20 cents per hundred dollars
C. 30 cents per hundred dollars
D. 50 cents per hundred dollars
CORRECT ANSWER: C. 30 cents per hundred dollars
Rationale: Ohio Revised Code Section 322.02 permits any county to levy a
real property transfer tax at a rate not to exceed thirty cents per hundred
dollars of the property value. This tax is levied on the grantor and paid at
the time of deed delivery.
Question 9: Who is responsible for paying the Ohio real property
conveyance fee in a typical transaction?
A. The grantee (buyer)
B. The grantor (seller)
C. Split equally between buyer and seller
D. The real estate broker
CORRECT ANSWER: B. The grantor (seller)
Rationale: Under Ohio law, the real property transfer tax is levied upon the
grantor named in the deed and is paid by the grantor for the use of the
county. The tax is paid to the county auditor at the time of deed delivery
and prior to recording.
Question 10: Under Ohio's earnest money rules, if a dispute arises
and the purchase agreement contains a provision allowing return
to the purchaser, when must the broker return the earnest money if
no court action is filed?
A. Within 30 days of the dispute
B. Within 6 months of the dispute
C. Not later than September 1st following the two-year anniversary of
deposit
D. Within 5 years of the deposit
CORRECT ANSWER: C. Not later than September 1st following the
two-year anniversary of deposit
Rationale: Ohio Revised Code Section 4735.24(C)(1) provides that if the
parties dispute earnest money disbursement and the purchase agreement
contains the return-to-purchaser provision, the broker must return the
