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§ 4518.07 — Required Disclosures

Columbus City Codes; partial (Supp. No. 86: codified through Ordinance No. 2063-2026, enacted July 2, 2026) · Columbus City Codes § 4518.07

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4518.07 - Required Disclosures

A registered Residential Property Wholesaler that is Residential Property Wholesaling within the corporate boundaries of the City of Columbus shall, in writing, on a form approved by the Director of Building and Zoning Services, disclose all of the following to any individual engaged for the purpose of Residential Property Wholesaling: (A) That the Residential Property Wholesaler is a wholesaler and holds an equitable interest in the property and may not be able to convey title to the property. (B) That the Residential Property Wholesaler does not hold an active real estate broker or real estate salesperson license under Chapter 4735 of the Ohio Revised Code. (C) That the individual is advised to seek independent legal advice before entering into the agreement. (D) That the Residential Property Wholesaler is registered and the wholesaler's registration number. (E) A link to the city's wholesaler portal.

(Ord. No. 3505-2024, § 1, 12-16-2024)