Northeast Ohio Property E&O Attorney
Ohio real estate agents owe fiduciary duties to their clients, and must comply with statutes and rules promulgated by the Ohio Revised Code and Ohio Department of Commerce, Division of Real Estate and Professional Licensing.
Specifically, Ohio Realtor's must:
- Exercise reasonable skill and care in representing their customers
- Comply with their written agency agreement
- Comply with any instructions from their client that are lawful
- Exercise loyalty toward their client
- Comply with all rules and regulations concerning real estate transactions, including licensing rules and state and federal fair housing laws
- Disclose all material facts related to a transaction that they know or should be aware of
- Advise their clients to seek the assistant of lawyers, accountants and other professionals when issues arise outside their area of expertise
- Account for all money received and hold disputed funds in trust
- Maintain all information that they receive from a client confidential unless the information falls under an exception promulgated by Ohio Revised Code 4735.74(B)
The Cleveland real estate error lawyers at Triscaro & Associates have intimate knowledge about Ohio Realtor duties and have handled complex cases involving these duties.
When a realtor breaches a fiduciary duty they usually have errors and omission (E&O) insurance coverage. Our experienced lawyers have the knowledge and know-how to pursue these claims against the insurance carrier.
If you have been harmed based upon an Ohio realtor's error or omission please contact the professional and reputable lawyers at Triscaro & Associates for a free, confidential, no obligation consultation.
We offer contingency fees for certain real estate E&O cases.