Wholesaling real estate in Ohio
Ohio has rules aimed at wholesaling: separate signed disclosure. R.C. 5301.95, effective March 2, 2026, covers assignments and covered novations. Its separate disclosure must be at least 12-point bold and signed and dated by the record owner and wholesaler before the binding contract.
What the research found
- Wholesaling review: Separate signed disclosure.
- Closing: Confirm the local closing arrangement. Ask state counsel and the selected title company which legal, settlement, escrow and recording tasks each professional may perform. Local custom alone is not an attorney-only law.
- Scope: One to four residential dwelling units. Commercial, vacant-land, foreclosure-rescue and seller-financing deals need separately reviewed forms.
Checklist before you sign a wholesale contract in Ohio
- Confirm the permitted deal structure. State counsel must address licensing, registration, the actual marketing activity, assignment or novation, and any foreclosure, distressed-owner, or solicitation restrictions. Draft availability is not permission to wholesale without a license.
- Complete the required disclosure package. Record the current prescribed state forms, delivery timing and acknowledgements, or the attorney’s supported exemption determination. The general seller questionnaire does not replace statutory forms.
- Check federal lead-paint requirements. For covered pre-1978 housing, provide the federal disclosure, known reports and EPA pamphlet before the buyer becomes obligated, and preserve the inspection opportunity unless lawfully modified. Document an applicable exemption separately.
- Confirm the title and closing package. Obtain the legal description, ownership and signing authority, lien payoffs, occupancy documents, required riders, and the closing company’s acceptance of this specific agreement and fee structure.
- Obtain the separately signed Ohio disclosure. Attach the statutory disclosure, signed and dated by both the record owner and wholesaler before the agreement. A paragraph in the purchase agreement is not a substitute. This must be done before the purchase agreement is signed.
- Complete the state disclosure and form review. Confirm the current Ohio residential property disclosure under R.C. 5302.30 separately from the wholesaler disclosure.
Ohio wholesaling questions
Is wholesaling real estate legal in Ohio?
Ohio has rules aimed at wholesaling: separate signed disclosure. R.C. 5301.95, effective March 2, 2026, covers assignments and covered novations. Its separate disclosure must be at least 12-point bold and signed and dated by the record owner and wholesaler before the binding contract.
Do you need an attorney to close a wholesale deal in Ohio?
The research snapshot does not identify an attorney-only closing rule for Ohio. Ask state counsel and the selected title company which legal, settlement, escrow and recording tasks each professional may perform. Local custom alone is not an attorney-only law.
What disclosures does a wholesale deal in Ohio need?
Obtain the separately signed Ohio disclosure: Attach the statutory disclosure, signed and dated by both the record owner and wholesaler before the agreement. A paragraph in the purchase agreement is not a substitute. Complete the state disclosure and form review: Confirm the current Ohio residential property disclosure under R.C. 5302.30 separately from the wholesaler disclosure. For homes built before 1978, the federal lead-based paint disclosure and EPA pamphlet are required before the buyer is bound.
Can DealRivet draft a wholesale purchase agreement for Ohio?
Yes. DealRivet includes a cash-purchase draft and a conditional novation plan for one to four residential units in Ohio, with this state’s review checklist. Each draft must be reviewed by Ohio counsel and accepted by the closing company before anyone signs.