Under Ohio law, a seller's agent must ensure that the seller completes which Ohio-specific disclosure form for residential properties?
Correct Answer
A) The Ohio Residential Property Disclosure Form
Under Ohio law, sellers of owner-occupied residential property must complete the Ohio Residential Property Disclosure Form, which discloses known conditions of the property. The seller's agent must ensure this form is provided to prospective buyers.
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Related Topics & Key Terms
Key Terms:
Related Concepts
The fiduciary obligation to protect a client's private information and not disclose it to third parties without permission, surviving even after the agency relationship ends.
In real estate, a client is someone to whom the agent owes fiduciary duties through an agency relationship, while a customer is a third party to whom the agent owes only honesty and fair dealing.
An arrangement where a brokerage assigns separate agents within the firm to represent the buyer and seller in the same transaction, allowing each client to have dedicated representation.
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