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SB 155·OH·senate

Revise the real estate wholesaler law

EnactedFiled Mar 25, 2025
Sponsor: Andrew Brenner (R)
Latest Action

Concurred in House amendments

Nov 5, 2025

Legislative status

  1. Introduced
  2. In Committee
  3. Reported by Committee
  4. Floor Vote Scheduled
  5. Passed One Chamber
  6. Passed Both Chambers
  7. Sent to Executive
  8. Enacted

Summary

The bill expands the Ohio Real Estate Commission’s authority to sanction brokers, salespersons and wholesalers for a wide range of misconduct, including fraud, misrepresentation, illegal commissions and failure to keep proper escrow accounts. It defines “wholesaler,” excludes family‑related transactions, and requires a bold, written disclosure to property owners before any contract is signed. The changes aim to protect consumers and improve transparency in residential real‑estate deals.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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History

  1. Effective 3/2/26
  2. Effective
  3. Signed By The Governor
  4. Sent To The Governor
  5. Concurred in House amendments
  6. Passed
  7. Reported - Amended
  8. Referred to committee
  9. Introduced
  10. Passed
  11. Reported
  12. Referred to committee

The 12 most recent of 13 recorded actions.

Sponsors

  • Andrew Brenner (R) · sponsor
  • Andrew O. Brenner
  • Catherine D. Ingram

Bill text

Read the official text ↗

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