{"data":{"id":"us-oh/ohio-rev.-code-4735.621","jurisdiction":"us-oh","citation":"Ohio Rev. Code § 4735.621","heading":"Waiver of fiduciary duties.","body":"(A) The duties required of a licensee under section 4735.62 of the Revised Code may not be waived by a client.\n(B) A licensee shall perform the duties required under section 4735.63 or 4735.65 of the Revised Code unless the client agrees to waive these duties, and signs a waiver of duties statement pursuant to division (C) of this section.\n(C) The superintendent of real estate, with the approval of the Ohio real estate commission, shall establish by rule a waiver of duties statement that shall contain the following:\n(1) The fiduciary duties required of all licensees under section 4735.62 of the Revised Code;\n(2) A list of those duties contained in section 4735.63 or 4735.65 of the Revised Code, which shall be set forth in a manner that allows for the parties to indicate which of those duties are being waived;\n(3) A statement that no other licensee is required to perform the waived duty on behalf of the client;\n(4) A statement that legal counsel or other professionals may be hired by the client;\n(5) A place for the client and licensee to sign and date the statement.","path":["Title 47 Occupations-Professions","Chapter 4735 Real Estate Brokers"],"source_url":"https://codes.ohio.gov/ohio-revised-code/section-4735.621","current_through":"2006-10-12 (House Bill 150 - 126th General Assembly)","vintage":"","retrieved_at":"2026-09-14T19:24:38Z","sha256":"c9f5125e7e1e6406a55557cb4a13d1335a95d9a33076fc17565f24403c7878a4","source_id":"us-oh","stale":false,"prev":"us-oh/ohio-rev.-code-4735.62","next":"us-oh/ohio-rev.-code-4735.63"},"notice":"GroundRules: Original legal text. Not legal advice."}
