Real estate agency and fiduciary duties
Review how agency relationships create duties such as loyalty, disclosure, reasonable care, confidentiality, and obedience to lawful instructions.
Free Ohio exam prep practice
Prepare for the Ohio Real Estate Salesperson exam with original practice questions, instant answer feedback, clear explanations, and no registration required.
Practice question
Which Ohio office is most directly tied to real estate salesperson licensing and exam eligibility processing?
Source-aware practice
This Ohio page was reviewed against public PSI Services LLC / Ohio Department of Commerce, Division of Real Estate and Professional Licensing source material documented in the editorial source manifest, including the 2026 Ohio Real Estate Salesperson and Broker Candidate Information Bulletin dated 7/1/2026. The practice set includes 40 original concept-review questions aligned to blueprint domains such as Ohio governance and licensing authority; Ohio license law, broker-salesperson duties, advertising, records, and handling money or things of value; Ohio agency, brokerage relationships, disclosure, ethics, and scope of practice; property ownership, land use, title, finance, contracts, valuation, real estate math, fair housing, consumer protection, environmental issues, and property condition concepts. Use the linked regulator or exam administrator resources to confirm current licensing requirements before testing.
These questions are original study material. They are not copied from official exams, recalled items, leaked sources, or answer-sharing sites.
Review details
Reviewed against public licensing guidance and exam outline information where available.
Last reviewed
2026-07-14
Licensing authority
Ohio Department of Commerce, Division of Real Estate and Professional Licensing
Exam vendor
PSI Services LLC
State-specific review topics
Study guide
Use this guide with the practice flow above. The goal is not to memorize answers, but to recognize how agency, disclosure, contract, financing, ownership, fair housing, and Ohio licensing concepts appear in question form.
Review how agency relationships create duties such as loyalty, disclosure, reasonable care, confidentiality, and obedience to lawful instructions.
Focus on identifying known facts that could affect a buyer's decision, especially property condition issues and required transaction disclosures.
Practice offer, acceptance, consideration, competent parties, lawful purpose, contingencies, and other concepts that make real estate agreements enforceable.
Review loan-to-value, escrow, closing steps, earnest money, and how funds and documents move through a transaction.
Know the difference between deeds, title, ownership interests, valuation methods, and documents that do not transfer ownership.
Ohio-focused review should include licensing responsibilities, advertising rules, fair housing, consumer protection, and regulator guidance.
Sample questions
Use these sample questions to check your readiness. Each one includes the correct answer and a short explanation. Start the interactive practice above to work through the full 40-question set with answer feedback and optional AI help.
Correct answer: B. Ohio Division of Real Estate and Professional Licensing
Explanation: The Ohio Division of Real Estate and Professional Licensing is connected with Ohio real estate salesperson licensing and exam eligibility. Other entities may affect transactions but are not the state licensing office.
Correct answer: A. Whether the advertisement is accurate and consistent with brokerage and license-law requirements
Explanation: Advertising and business-name issues are part of Ohio's state law and rules outline. A licensee should use accurate advertising that follows brokerage and license-law requirements.
Correct answer: C. Seek broker guidance and avoid interfering with another brokerage relationship
Explanation: Brokerage relationships and agency contracts require care. A licensee should seek supervising broker guidance and avoid interfering with an existing representation agreement.
Correct answer: D. Follow broker procedures and rules for monies or things of value
Explanation: Ohio's state outline includes handling of monies and considerations, including items of value. Those items should be handled through broker procedures and applicable rules, not as personal funds.
Correct answer: C. $600,000
Explanation: Value by capitalization is NOI divided by the capitalization rate. $42,000 / 0.07 = $600,000.
Correct answer: A. Counteroffer
Explanation: A response that changes material terms is generally a counteroffer. Offer, counteroffer, and acceptance are contract concepts in real estate transactions.
Correct answer: C. Protect it unless disclosure is authorized or legally required
Explanation: Confidentiality is a key agency duty. A licensee should protect confidential client information unless disclosure is authorized or required by law.
Correct answer: A. Fair housing discrimination concern
Explanation: Advertising that excludes or discourages people based on protected characteristics raises fair housing concerns. Neutral property facts are different from discriminatory preferences.
Correct answer: B. Stay within the licensee's scope and suggest legal counsel for legal advice
Explanation: Real estate licensees should stay within the scope of real estate licensing and avoid unauthorized legal practice. Legal questions should be directed to a qualified attorney.
Correct answer: B. $14,400
Explanation: Multiply the sale price by the commission rate. $240,000 x 0.06 = $14,400.
Common questions
No. They are original practice questions designed to review common real estate principles and Ohio salesperson licensing concepts.
No. Basic practice questions, answer feedback, and explanations are available without login.
Yes. Rules can change, so confirm current requirements with the Ohio Division of Real Estate and Professional Licensing, PSI, or your prelicensing provider.