REAL ESTATE LAW EXAM QUESTIONS
AND ANSWERS GRADED A+ 2025/2026
What is the primary purpose of most civil lawsuits? - ANS to compensate a person who has
been harmed
A person who commits a tort....... - ANS has violated the standards of reasonable conduct
Unconstitutional law........... - ANS exceeds the powers granted to the government
Which would be most likely to issue an ordinance? - ANS 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 ? - ANS to make court decisions
more consistent and predictable
What can limit a courts jurisdiction? - ANS - amount of money at issue in a case
- geographical boundaries
- subject matter of the case
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
, Alice sued Betty for breach of contract, claiming $175,000 in damages. Which kind of state court
did Alice file suit in? - ANS Court of Common Pleas
An example of a person who does not need a real estate license is....... - ANS a salaried
employee of ABC Corporation when selling the company's own property
The Ohio real estate commission is part of what? - ANS the Department of Commerce
Which authority revokes licenses? - ANS The real estate commission
An example of what a real estate licensee is NOT allowed to do...... - ANS - 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...... - ANS offer real estate to the market only on the terms
allowed by the seller
a sales associate can - ANS personally buy a listing only after disclosure to the seller that the
sales associate is a principal
what must all brokers have ? - ANS a place of business to operate as brokers
A real estate licensee can begin the practice of real estate when? - ANS the license has been
issued by the Division of Real Estate
In order to use the real estate recovery fund, one must be... - ANS damaged by a licensee in a
real estate transaction
2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
AND ANSWERS GRADED A+ 2025/2026
What is the primary purpose of most civil lawsuits? - ANS to compensate a person who has
been harmed
A person who commits a tort....... - ANS has violated the standards of reasonable conduct
Unconstitutional law........... - ANS exceeds the powers granted to the government
Which would be most likely to issue an ordinance? - ANS 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 ? - ANS to make court decisions
more consistent and predictable
What can limit a courts jurisdiction? - ANS - amount of money at issue in a case
- geographical boundaries
- subject matter of the case
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
, Alice sued Betty for breach of contract, claiming $175,000 in damages. Which kind of state court
did Alice file suit in? - ANS Court of Common Pleas
An example of a person who does not need a real estate license is....... - ANS a salaried
employee of ABC Corporation when selling the company's own property
The Ohio real estate commission is part of what? - ANS the Department of Commerce
Which authority revokes licenses? - ANS The real estate commission
An example of what a real estate licensee is NOT allowed to do...... - ANS - 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...... - ANS offer real estate to the market only on the terms
allowed by the seller
a sales associate can - ANS personally buy a listing only after disclosure to the seller that the
sales associate is a principal
what must all brokers have ? - ANS a place of business to operate as brokers
A real estate licensee can begin the practice of real estate when? - ANS the license has been
issued by the Division of Real Estate
In order to use the real estate recovery fund, one must be... - ANS damaged by a licensee in a
real estate transaction
2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
