Ohio Admin. Code 1301:5-6-06 - Refusal to acknowledge or sign agency disclosure forms
(A)
(1) If a purchaser or seller declines to
acknowledge receipt of the "Consumer Guide to Agency Relationships" required
pursuant to section 4735.56 of the Revised Code or
sign an agency disclosure form that is presented as required by section
4735.58 of the Revised Code, the
licensee shall note the following on the bottom of the form:
(a) The party(ies) to whom the form was
presented;
(b) The date and time
the form was presented;
(c) The
fact that the party(ies) declines to sign the form; and,
(d)
The reason the party(ies) declines to sign the form if known.
(2) If a purchaser or seller
declines to acknowledge receipt of "Consumer Guide to Agency Relationships" or
sign an agency disclosure statement that is presented as required by section
4735.58 of the Revised Code,
notice thereof shall immediately be communicated to a management level licensee
in the brokerage who supervises the licensee.
(3) The brokerage shall, for a period of
three years from the date of the transaction, maintain a copy of the form
containing the information required by paragraph (B)
(A)(1) of this
rule.
(B) No licensee
shall fail to deliver or present an offer to purchase or lease because a party
has declined to sign an agency disclosure statement or because an agency
disclosure statement was not received.
(C) No modification, alteration, addition,
deletion, or reduction in size of the agency disclosure statement shall be
permitted. This provision shall not be construed as prohibiting compliance with
the requirements of the Americans with Disabilities Act.
Notes
Promulgated Under: 119.03
Statutory Authority: Ohio Revised Code Section 4735.10
Rule Amplifies: Ohio Revised Code Section 4735.58
Prior Effective Dates: 01/01/1997, 01/01/2005, 02/10/2019
Promulgated Under: 119.03
Statutory Authority: 4735.10
Rule Amplifies: 4735.58
Prior Effective Dates: 01/01/1997, 01/01/2005
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.