This office lease provision states that the landlord and tenant each warrant and represent to the other party that there was no broker, finder or similar person, other than those listed, entitled to a commission, fee or other compensation, instrumental in consummating the lease. It also states that no conversations or prior negotiations were had by the landlord or tenant, respectively, or anyone acting on behalf of the landlord or the tenant, respectively, with any broker, finder or similar person, other than those listed, concerning the renting of the demised premises.
Ohio Lease Provisions Relating to Brokers
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US-OL29A07
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Regulating Real Estate Professionals. The Division of Real Estate and Professional Licensing is part of the Ohio Department of Commerce. This division is responsible for licensing Ohio's real estate brokers, salespeople, appraisers and foreign real estate dealers and salespeople.
All brokers must maintain a non-interest bearing ?special? or trust account that is separate and distinct from any personal, operating, or other account of the broker (Ohio Revised Code (4735.18(A)(26)).
Every broker's office shall prominently display in the same immediate area as licenses are displayed a statement that it is illegal to discriminate against any person because of race, color, religion, sex, familial status as defined in section 4112.01 of the Revised Code, national origin, military status as defined in ...
With respect to buyers, the licensee is required to provide them with the ?Consumer Guide to Agency Relationships? before the earliest of the following events: Pre-qualifying the buyer. Requesting specific financial information. Showing property (other than at an open house)
Section 4735.55 | Written agency agreements. (A) Each written agency agreement shall contain all of the following: (1) An expiration date; (2) A statement that it is illegal, pursuant to the Ohio fair housing law, division (H) of section 4112.02 of the Revised Code, and the federal fair housing law, 42 U.S.C.A.
The brokerage shall provide a copy of its policy developed and maintained under this section to each client or prospective client upon request.
