Ohio Real Estate Exam Prep

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Are you ready to start a new career as a real estate agent in Ohio? If so, it is time to get your real estate license. We know that this can be a major obstacle. Passing the real estate exam can be difficult. According to the Ohio Division of Real Estate and Professional Licensing, nearly half of applicants fail their real estate salesperson exam. While this is a sobering figure, you should not let it intimidate you. You can pass the Ohio real estate test on your first try. With our professionally curated real estate test prep materials, students pass real estate exams more than 95 percent of the time. If you do not pass the Ohio real estate salesperson exam, we will offer a full refund– no, questions asked.

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We have put together a comprehensive study package to help you unlock your potential and pass the Ohio real estate salesperson examination. Do not let this test stop you from achieving your goals and dreams. Our system includes sample tests, quizzes, and game-changing tips and techniques. Better yet, with instant access, the course materials are ready to go the moment you are ready to get started. We understand that the Ohio real estate test is challenging. You do not have to go through this process alone. Our system will break down the material in a way that makes studying for this test as quick and easy as possible. You will pass the Ohio real estate salesperson exam — or you will get a full refund.

Ohio License Requirements

To obtain a real estate license in Ohio, a prospective salesperson must meet the following qualification requirements:

You must be at least 18 years old
You must be honest, truthful, and able to demonstrate a good reputation
You must have a high school diploma or the equivalent (if born after 1950)
You must obtain an official sponsorship from a licensed Ohio real estate broker
You cannot have been convicted of a crime of moral turpitude
You must satisfy the educational requirements, including basic real estate principles and practices, Ohio real estate law, real estate appraisal, and real estate finance
You must pass the Ohio real estate salesperson exam.

Ohio Sample Practice Real Estate Exam Questions and Answers

To take a free version of the Ohio real estate test, click the ‘Start’ button now. You can review all the questions and answers by going into ‘List’ mode. If you close this webpage, you will lose any stored answers or information. We offer this practice test for your convenience and you can always come back and retake it. If you are ready to step up your test prep, we have far more Ohio study materials ready for you. Good luck on the Ohio real estate sample test!

Ohio State Section

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Question 1

What is homestead protection?

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

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

Question 4

What is a holographic will?

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

Question 5

Does Ohio have dower laws?

A	Yes
B	No

Question 6

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

A	acknowledgement
B	Habendum
C	novation
D	Premises

Question 7

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

A	Agent
B	Lessor
C	Buyer
D	Lessee

Question 8

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

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

Question 9

Which is not necessary for a valid contract?

A	legal object
B	acceptance
C	due date
D	offer

Question 10

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	Depositing his/her clients escrow money into a personal account
D	Placing an ad claiming to be a broker when they are not.

Question 11

Standing trees would be considered:

A	Emblements
B	Chattels
C	Real property
D	Personal Property

Question 12

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

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

Question 13

Is Ohio a community property state?

A	No
B	Yes

Question 14

Does Ohio have homestead laws?

A	Yes
B	No

Question 15

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 15 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 16

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

Question 17

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

Question 18

What tenancies does Ohio allow?

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

Question 19

What term means "going to the state?"

A	escheat
B	Eminent Domain
C	police power
D	Taxation

Question 19 Explanation:

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

Question 20

The Salesperson license fee costs how much?

A	60
B	80
C	40
D	20

Question 21

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

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

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