Manufactured Home Dealers & Brokers
The Division of Real Estate and Professional Licensing has oversight of the licensing of all dealers, brokers and salespersons in the state.
Ohio Law as referenced in the Ohio Revised Code (O.R.C.) Chapter 4781.16 indicates that a Manufactured Home Dealer license is required if you are selling more than five homes in a 12-month period.
Ohio Revised Code Section 4781.16 (ORC) governs the display, sale, purchase or brokerage of manufactured homes for dealers, brokers and salespersons.
Selling five or more homes within a 12-month period requires a dealer license from the division. Renting and leasing homes to others for eventual ownership, as well as land contracts, are equivalent to offering a home for sale.
Dealer and broker licenses must be visibly displayed in the place of business at all times.
All licenses for dealers and brokers expire every two years, specifically on March 31st of every odd numbered year. Dealer and broker licenses expire on this date regardless of when the license was obtained.
Ohio Revised Code Section 4781.22 (ORC) requires a dealer/broker to immediately notify the division when the employment of any licensed salesperson is terminated. Failure to do so may result in fines or penalties.
If selling homes by any means other than cash, dealers, brokers and salespersons will likely need to follow SAFE Act guidelines and must be licensed through the Division of Financial Institutions (DFI), in addition to a dealer's license. For more information, consult legal counsel. or DFI via phone at 614-728-8400 or via email at Web.firstname.lastname@example.org.
See adopted policies to better clarify the rules and requirements pertaining to the manufactured home dealer’s place of business.