A salesperson fails to provide the Consumer Guide to Agency Relationships to a buyer before showing properties, as required under Ohio law. Which party or parties may face disciplinary action for this omission?
Correct Answer
B) Both the salesperson and the broker, because the broker has a statutory duty to supervise licensee compliance with agency disclosure requirements
Under ORC §4735.56, providing the Consumer Guide to Agency Relationships before the first substantive contact is a mandatory requirement, not a discretionary practice. Under ORC §4735.18, a broker has an affirmative duty to supervise affiliated licensees and ensure their compliance with all provisions of ORC Chapter 4735. When a salesperson fails to make the required disclosure, both the salesperson (for the direct omission) and the broker (for failure of supervision) may be subject to disciplinary action by the Ohio Division of Real Estate.
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Agent Maria meets a couple at an open house who express interest in buying a home. Under Ohio's agency disclosure requirements, what is Maria's obligation regarding the Consumer Guide to Agency Relationships?
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Under Ohio law, the Consumer Guide to Agency Relationships describes the duties and scope of several recognized agency relationships. Which of the following is NOT one of the agency types covered in the Consumer Guide?