Under Ohio agency law, a buyer's agent who learns that the property being purchased has been used as a methamphetamine lab must:
Correct Answer
A) Disclose this information to the buyer as a material fact affecting health and safety
Under Ohio agency law, a property's history as a methamphetamine lab is a material fact affecting health, safety, and property value. The buyer's agent must disclose this known material fact to the client immediately.
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Under Ohio law, buyer's agent Anna represents client Brad. Brad's exclusive buyer agency agreement specifies a 3% commission. Brad finds a property where the listing brokerage offers only 2.5% to buyer's agents. What happens regarding Anna's compensation?
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Buyer's agent Diane represents client Jason under an exclusive buyer agency agreement in Ohio. Jason tells Diane he wants to terminate the agreement early because he found a property through a friend. Under Ohio law, what governs the termination?