By North Cincy News |
Mar 28, 2024
State Rep. Jean Schmidt (R-Loveland) has introduced House Bill 466, legislation aimed at establishing minimum standards for real estate representation agreements in Ohio. The bill seeks to ensure that written representation agreements between real estate brokerages and clients include specific provisions regarding representation terms and commission structures.According to Schmidt, the standards outlined in House Bill 466 are crucial for enhancing transparency and clarity in real estate transactions. She stated, "This important bill will improve transparency and promote...