Ohio § 4707.021
Full text of Ohio Ohio Revised Code § 4707.021, with citation guidance and answers to common questions.
§ 4707.021.
Only an auctioneer who is licensed under this chapter and who is licensed as a real
estate broker or a real estate salesperson under Chapter 4735. of the Revised Code
shall sign an auction contract for the sale of real property at auction. A real estate broker who is licensed under Chapter 4735. of the Revised Code, but
who is not licensed as an auctioneer under this chapter shall not sign an auction
contract or conduct an auction, but may contract for the sale of real property at
auction only if either of the following applies: (A) The auctioneer who signs the auction contract and who conducts the auction is a salesperson
licensed under Chapter 4735. of the Revised Code and is associated with the real estate
broker who contracts for the sale of real property. (B) The real estate broker enters into a cooperative agreement with another real estate
broker licensed under Chapter 4735. of the Revised Code with whom an auctioneer licensed
under this chapter is associated and the auctioneer is solely responsible for signing
the auction contract and conducting the auction. Nothing in this section shall be construed to permit a business to contract for the
sale of real property at auction through an individual who is not licensed under this
chapter and Chapter 4735. of the Revised Code.
Frequently Asked Questions About Ohio § 4707.021
What does Ohio Revised Code § 4707.021 cover?
Section 4707.021 is part of the Ohio Revised Code, the codified statutory law of Ohio. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Ohio § 4707.021?
A common citation format is "Ohio Revised Code § 4707.021" (Ohio). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Ohio law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Ohio official source linked on this page or consult a licensed Ohio attorney.
How does Ohio § 4707.021 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Ohio can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Ohio.