Portion 13. Scope of Evaluation. - An evaluation shall be provided towards the licensure applicants for real estate brokers, real estate appraisers and real estate consultants which shall consist of, although not limited to, the next:

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Portion 27. Acts Constituting the Follow of Real Estate Company. - Any single act or transaction embraced inside the provisions of Part three(g) hereof, as performed by real estate support practitioners, shall represent an act of participating during the apply of real estate provider.

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(d) Malpractice or violation of any of your provisions of this Act, its applying rules and rules, plus the Code of Ethics and Tasks for real estate service practitioners; and

(D) In sixty small business times just after receipt of the complaint, or, if an informal meeting is held, inside sixty days of this kind of meeting, the investigator shall file a created report of the outcomes with the investigator's investigation While using the superintendent. In just fourteen business enterprise times thereafter, the superintendent shall evaluation the report and figure out no matter whether there exists realistic and considerable evidence of a violation of segment 4735.18 of your Revised Code via the licensee. When the superintendent finds these types of proof exists, inside 7 company times from the perseverance, the superintendent shall notify the complainant and licensee on the date of a Listening to to become held by a Listening to examiner pursuant to Chapter 119. in the Revised Code within fifteen days although not prior to seven times thereafter, other than that either the superintendent or the licensee may perhaps ask for an extension of around thirty small business days for good cause revealed. When the superintendent finds that this kind of proof won't exist, within five business enterprise times thereafter, the superintendent shall so notify the complainant and licensee in the superintendent's willpower and the basis with the perseverance.

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The partnership or corporation shall routinely submit a listing of its real estate assistance practitioners into the Fee and also to the SEC as Component of its once-a-year reportorial requirements. click here There shall a minimum of be a single (1) certified real estate broker for every twenty (20) accredited salespersons.

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