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Oh AgencyAgency_disclosure_statementMEDIUM

A licensee presents the Consumer Guide to Agency Relationships to a prospective buyer, but the buyer declines to sign the acknowledgment. Under Ohio law, what is the licensee's required course of action?

Correct Answer

D) Note the refusal on the form, record the date, and retain the form in the transaction file

Under Ohio law and ODRE rules governing the Consumer Guide to Agency Relationships, a licensee is required to present the guide but cannot compel a signature. When a consumer refuses to sign, the licensee must document the refusal directly on the form, record the date of the attempted presentation, and retain the form as evidence of compliance. This protects the licensee by demonstrating the guide was properly offered.

Answer Options
A
Obtain a witness signature from another licensee in the office to satisfy the acknowledgment requirement
B
Provide the buyer with a second copy of the guide and request a signature at the next meeting
C
Terminate the working relationship until the buyer agrees to sign the acknowledgment
D
Note the refusal on the form, record the date, and retain the form in the transaction file

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Key Terms:

refusal_to_signconsumer_guidedocumentationacknowledgmentORC_4735
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