Ohio wholesaling law · checked October 21, 2026
The short answer — Ohio
Yes — if you hand over one very specific piece of paper first. Ohio's new law (March 2, 2026) requires a separate, standalone, bold 12-point disclosure, signed and dated, before any binding contract. Hand it over bundled inside the contract packet and you have made the exact mistake the law was written to catch.
Rule: Ohio Rev. Code § 5301.95 (SB 155, 136th GA); discipline hook ORC § 4735.18(A)(40) · In force: March 2, 2026 · Penalty if ignored: Failure is an unfair or deceptive act under the Consumer Sales Practices Act: a private action for actual damages plus up to $5,000 in noneconomic damages, treble damages, and attorney fees. The Attorney General — not the Division of Real Estate — enforces against unlicensed wholesalers.
Checked October 21, 2026 against the official source: codes.ohio.gov. Information only — not legal advice.
Ohio's SB 155 is the first Ohio law written specifically for wholesalers, and Ohio was the first state to define 'wholesaler' in this disclosure form. Before a binding contract, the wholesaler (as grantee) must give the record owner a separate, signed-and-dated, boldface, at least 12-point, standalone disclosure: that it is a wholesaler, does not represent the owner, may assign for profit without the owner's consent, may charge the buyer a fee, the price may be below market, and the owner may seek legal advice. The duties are non-waivable and cover 1–4 unit residential property, excluding assignments to blood relatives and affiliates.
No. Ohio asks for written disclosure, not a license. Yes — if you hand over one very specific piece of paper first. Ohio's new law (March 2, 2026) requires a separate, standalone, bold 12-point disclosure, signed and dated, before any binding contract. Hand it over bundled inside the contract packet and you have made the exact mistake the law was written to catch.
Ohio's disclosure must be a separate document. The most common failure mode nationwide — 'it was in the packet somewhere' — is the failure this statute targets.
Scope: 1–4 unit residential property; excludes assignments to blood relatives and affiliates. Cancellation: If the disclosure is missing: cancel any time before close of escrow, no time limit, no penalty. Source: official text / regulator page.
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