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Oh Division Of Re Rules Disciplinary ProcessAdvertising_ohHARD

An Ohio brokerage acquires another brokerage and all of its listings. The acquiring brokerage has a different name. Regarding the advertising of the acquired listings, the new brokerage must:

Correct Answer

A) Immediately update all advertising to reflect the acquiring brokerage's registered name

Once a brokerage acquisition is complete and the listings are transferred, all advertising must reflect the new (acquiring) brokerage's registered name with the Division. Using the old brokerage name would be misleading and non-compliant. The new brokerage is now responsible for all listings and must update advertising accordingly.

Answer Options
A
Immediately update all advertising to reflect the acquiring brokerage's registered name
B
Continue using the original brokerage's name in advertising until the listings expire
C
Use both brokerage names in advertising for a 90-day transition period
D
Notify each seller individually but continue using the old name in advertising

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Related Topics & Key Terms

Key Terms:

brokerage_acquisitionname_changeadvertising_update
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