Ohio Real Estate Exam Prep

OH Salesperson Practice Exam

Our Ohio Real Estate Exam Preparation guide will have you quickly prepared for your upcoming Salesperson License Exam. We have helped license over 50,000 students with an exam pass rate of over 95%. The practice exam questions and answers were created by industry experts and are constantly updated to Ohio’s licensing requirements. We stand by our real estate practice exams and offer an exam pass guarantee.

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Ohio License Requirements

Must be at least 18 years of age and being honest, truthful and of good reputation.
If an applicant has ever been convicted of a felony or crime of moral turpitude, or adjudged by a court to have violated any civil rights laws regarding real estate within the past two years, the application will probably be denied unless the Superintendent of the Division of Real Estate can be satisfied that the violation will not occur again.
All applicants must successfully pass both parts of the real estate exams and apply for their license within one year of passing their initial exam.
Once licensed, all real estate agents need to successfully complete 30 hours of specific, approved real estate continuing education courses every three years before their date of birth. These may be distance-education courses by correspondence or over the internet.

For more information on state requirements click here.

Ohio Sample Practice Real Estate Exam Questions and Answers

Ohio State Section

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Question 1

In what circumstances, if any, can a broker in Ohio who is serving as an intermediary representing both parties collect compensation from both the buyer and the seller?

A	None; the broker may only collect compensation from one party to a transaction
B	In most circumstances, except when the buyer and seller are related
C	Only when both buyer and seller give informed consent to this arrangement
D	Only when both buyer and seller have legal representation

Question 2

Which of the following isn't part of a deed?

A	acknowledgement
B	Habendum
C	Premises
D	novation

Question 3

After getting the real estate license, how often must you take Continuing Education classes?

A	Once every three years
B	Once a year
C	Once every two years
D	Never

Question 3 Explanation:

There are however no continuing education requirements for provisional sales associates. However, at the end of the first year the licensee may apply for a Sales Associate License by submitting the application form and paying the fees. The sales associate needs to complete 12-clock hours of approved continuing education courses during the license term, which is a three-year period.

Question 4

The Salesperson license fee costs how much?

A	40
B	60
C	20
D	80

Question 5

How soon can a broker receive a commission check after a closing in Ohio?

A	Once the seller agrees to the price.
B	Once the offer sheet is signed.
C	After the transaction is completed and funded.
D	When the Buyer moves in.

Question 6

What is a holographic will?

A	a will that displays in 3D
B	a will that has been approved by each family member.
C	a will and testament that has been entirely handwritten and signed by the testator.
D	a standard boiler plate will.

Question 7

Which of the following is a landlord's option for a tenant not paying the rent?

A	shutoff the gas
B	lock the tenant out of the apartment
C	unlawful detainer action in court
D	shut off the power

Question 8

What term means "going to the state?"

A	Eminent Domain
B	Taxation
C	police power
D	escheat

Question 8 Explanation:

Escheat is if someone dies and there is no one to inherit or no will, the property goes to the state.

Question 9

Standing trees would be considered:

A	Chattels
B	Real property
C	Personal Property
D	Emblements

Question 10

Is Ohio a community property state?

A	No
B	Yes

Question 11

Who is responsible for maintaining a habitable property and for complying with local housing and building codes?

A	Lessor
B	Buyer
C	Lessee
D	Agent

Question 12

Does Ohio allow Holographic wills?

A	No
B	Yes

Question 13

Which of the following is required for an applicant to receive a Real Estate License?

A	Must sit and pass the required exam
B	Must be 25 or older
C	Must have lived in the state for more than a year
D	Must have a Bachelors degree

Question 14

What tenancies does Ohio allow?

A	Neither
B	Tenancy by the entirety
C	Joint tenancy
D	Both

Question 15

In most circumstances, except when the buyer and seller are related,

A	The interest rate on the mortgage loan is lowered by 2% for each point charged
B	The seller agrees to pay 1% of the closing costs
C	The loan does not close and the buyer owes the lender for services rendered
D	The interest rate on the mortgage loan is lowered by 1% for each point charged

Question 16

Does Ohio have homestead laws?

A	Yes
B	No

Question 17

Which is not necessary for a valid contract?

A	legal object
B	offer
C	due date
D	acceptance

Question 18

Does Ohio have dower laws?

A	No
B	Yes

Question 19

Which of the following would not put a sales person in jeopardy of losing their license in Ohio?

A	Being authorized to accept and excessive commission.
B	Convicted of a felony
C	Placing an ad claiming to be a broker when they are not.
D	Depositing his/her clients escrow money into a personal account

Question 20

The license law is administered by:

A	Ohio Department of Commerce's Division of Real Estate
B	Ohio Department of Energy
C	Ohio Department of Finance
D	Ohio Department of Taxation

Question 21

What is homestead protection?

A	Gradual subsidence of waters, leaving dry land
B	Net cash remaining to investor after sale of investment property
C	The estimated value that an asset will have at then end of it's useful life
D	The status provided to a home owner's principal residence that protects the home against judgement up to a specified amount.