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

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

Question 2

Does Ohio allow Holographic wills?

A	Yes
B	No

Question 3

The license law is administered by:

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

Question 4

The Salesperson license fee costs how much?

A	60
B	80
C	20
D	40

Question 5

What is homestead protection?

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

Question 6

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

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

Question 6 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 7

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 have lived in the state for more than a year
C	Must have a Bachelors degree
D	Must be 25 or older

Question 8

Does Ohio have homestead laws?

A	Yes
B	No

Question 9

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

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

Question 10

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

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

Question 11

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

A	novation
B	Habendum
C	Premises
D	acknowledgement

Question 12

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

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

Question 13

Is Ohio a community property state?

A	No
B	Yes

Question 14

What term means "going to the state?"

A	police power
B	Eminent Domain
C	Taxation
D	escheat

Question 14 Explanation:

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

Question 15

Does Ohio have dower laws?

A	Yes
B	No

Question 16

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

A	Lessor
B	Buyer
C	Agent
D	Lessee

Question 17

What tenancies does Ohio allow?

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

Question 18

Which is not necessary for a valid contract?

A	due date
B	offer
C	acceptance
D	legal object

Question 19

Standing trees would be considered:

A	Real property
B	Chattels
C	Personal Property
D	Emblements

Question 20

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

Question 21

What is a holographic will?

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