Ohio Revised Code
Chapter 4707 | Auctioneers
Section 4707.10 | Fees - Renewals - Notice of Name or Address Change.

Effective: September 13, 2022
Latest Legislation: House Bill 321 - 134th General Assembly
(A)(1) Each person to whom the department issues an auctioneer's license or auction firm license shall pay a licensure fee. Those licenses are biennial and expire in accordance with the schedule established in division (A)(2) of this section. If such a license is issued during the first year of a biennium, the licensee shall pay a fee in the amount of two hundred dollars. If the license is issued during the second year of a biennium, the licensee shall pay a fee in the amount of one hundred dollars. With respect to an auctioneer's license, the fees apply regardless of whether the license is issued to an individual under section 4707.07 of the Revised Code or to a corporation, limited liability company, partnership, or association under section 4707.073 of the Revised Code.
All auctioneer's licenses and auction firm licenses expire on the last day of June of the biennium. The licenses shall be renewed in accordance with the standard renewal procedures of Chapter 4745. of the Revised Code or the procedures in this section and upon the licensee's payment to the department of a renewal fee of two hundred dollars. A licensee who wishes to renew the licensee's license, but who fails to do so before the first day of July following the license's expiration, shall reapply for licensure in the same manner and pursuant to the same requirements as for the initial licensure unless before the first day of September following the expiration, the former licensee pays to the department, in addition to the regular renewal fee, a late renewal penalty of one hundred dollars.
(2) The biennial expiration of an auctioneer's license or auction firm license shall occur in accordance with the following schedule:
(a) The license shall expire in odd-numbered years if the business name or last name, as applicable, of the licensee begins with the letters "A" through "J" or with the letters "X" through "Z."
(b) The license shall expire in even-numbered years if the business name or last name, as applicable, of the licensee begins with the letters "K" through "W."
(B)(1) To renew an auctioneer's license, the licensee shall include with a renewal application an affidavit stating that the licensee has completed eight hours of continuing education in accordance with section 4707.101 of the Revised Code during the two years immediately preceding renewal of the licensee's license.
(2) To renew an auction firm's license, the auction firm manager of the licensed auction firm shall include with a renewal application an affidavit stating that the auction firm manager has completed eight hours of continuing education in accordance with section 4707.101 of the Revised Code during the two years immediately preceding renewal of the auction firm's license.
The director of agriculture shall not renew an auctioneer or auction firm license unless the applicant demonstrates that all continuing education requirements have been completed.
(C) Any person who fails to renew the person's license before the first day of July is prohibited from engaging in any activity specified or comprehended in section 4707.01 of the Revised Code until such time as the person's license is renewed or a new license is issued. Renewal of a license between the first day of July and the first day of September does not relieve any person from complying with this division. The department may refuse to renew the license of or issue a new license to any person who violates this division.
(D) The department shall prepare and deliver to each licensee a permanent license certificate and an identification card, the appropriate portion of which shall be carried on the person of the licensee at all times when engaged in any type of auction activity, and part of which shall be posted with the permanent certificate in a conspicuous location at the licensee's place of business.
(E) Notice in writing shall be given to the department by each auctioneer licensee of any change of principal business location or any change or addition to the name or names under which business is conducted, whereupon the department shall issue a new license for the unexpired period. Any change of business location or change or addition of names without notification to the department shall automatically cancel any license previously issued. For each new auctioneer's license issued upon the occasion of a change in business location or a change in or an addition of names under which business is conducted, the department may collect a fee of ten dollars for each change in location, or name or each added name unless the notification of the change occurs concurrently with the renewal application or unless otherwise provided in section 4707.07 of the Revised Code.
Last updated July 7, 2022 at 2:09 PM

Structure Ohio Revised Code

Ohio Revised Code

Title 47 | Occupations-Professions

Chapter 4707 | Auctioneers

Section 4707.01 | Auctioneer Definitions.

Section 4707.011 | Administration.

Section 4707.02 | Unlicensed Practice.

Section 4707.021 | Real Property Auctions.

Section 4707.022 | Reserve Auction Presumed - Absentee Bidding - Agent of Owner or Consignee.

Section 4707.023 | Requirements for Absolute Auction - Bid by Licensee or Seller.

Section 4707.024 | Deposit of Auction Proceeds in Escrow or Trust Account - Disbursement.

Section 4707.03 | State Auctioneers Commission.

Section 4707.04 | Organization of Commission; Standards for Courses of Study.

Section 4707.05 | Auctioneers Fund.

Section 4707.06 | Record of Auctioneers.

Section 4707.07 | Auctioneer License.

Section 4707.072 | Nonresident One-Auction License.

Section 4707.073 | Auctioneer: Corporation, Limited Liability Company, Partnership, or Association License.

Section 4707.074 | Auction Firm License Required for Person Providing Auction Services.

Section 4707.08 | Examinations.

Section 4707.091 | Placement of License on Deposit - Reacquisition - Proof of Financial Responsibility.

Section 4707.10 | Fees - Renewals - Notice of Name or Address Change.

Section 4707.101 | Continuing Education for Auctioneers and Auction Firm Managers.

Section 4707.11 | Proof of Financial Responsibility.

Section 4707.111 | State Is Sole Regulator of Auctions.

Section 4707.12 | Reciprocity.

Section 4707.13 | Consent to Service by Nonresidents.

Section 4707.14 | Definite Place of Business.

Section 4707.15 | Disciplinary Actions.

Section 4707.151 | Bid Rigging Prohibition.

Section 4707.152 | Written Reprimand for Violations.

Section 4707.153 | Suspension for Failure to Complete Continuing Education.

Section 4707.16 | Investigation of Complaints.

Section 4707.171 | Auction Education Fund.

Section 4707.18 | Collection of Service Fees for Nonpayment in Court.

Section 4707.19 | Administrative Rules.

Section 4707.20 | Written Contract or Agreement in Duplicate Required.

Section 4707.21 | Records and Information.

Section 4707.22 | Advertisements.

Section 4707.23 | Effect of Child Support Default on License.

Section 4707.24 | Provisions Inapplicable to One-Time Residential Auction.

Section 4707.25 | Auction Recovery Fund.

Section 4707.26 | Initiating Claim Against Recovery Fund.

Section 4707.261 | Verified Application for Order Directing Payment Form Fund.

Section 4707.262 | Determining Whether Recovery Should Be From Real Estate or Auction Recovery Fund.

Section 4707.27 | Filing Notice of Application.

Section 4707.28 | Order Directing Payment.

Section 4707.29 | Limitations on Recovery.

Section 4707.30 | License Suspension.

Section 4707.31 | Director's Discretion to Make Payment Without Order.

Section 4707.32 | Recovery Against Auction Firm or Firm and Licensed Auctioneer.

Section 4707.33 | Compliance With Law Regarding Sanctions for Human Trafficking.

Section 4707.99 | Penalty.