Ohio Administrative Code
Title 1301:5 - Division of Real Estate
Chapter 1301:5-6 - Management Level Licensees: Dual Agency
Section 1301:5-6-01 - Management level licensee
Universal Citation: OH Admin Code 1301:5-6-01
Current through all regulations passed and filed through September 16, 2024
(A) A licensee will be found to be a management level licensee under division (FF) of section 4735.01 of the Revised Code if both of the following apply:
(1) The
licensee has been assigned management duties that involve oversight
responsibilities for the brokerage's main office, a branch office, or a
division within that brokerage by its principal
broker; and,
(2) Those
management duties include the supervision of affiliated licensees whose agency
duties to their clients may conflict with those of other licensees affiliated
with the brokerage.
(B) Supervision shall include, but not be limited to, the general oversight of, or the direction of, activities conducted by other real estate licensees affiliated with the brokerage.
(C) The assignment of supervisory duties to management level licensees does not relieve the principal brokers from the principal brokers' responsibility to actively oversee and direct the operations of the business conducted on behalf of the brokerage.
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