Recently read where Ohio law requires oil and gas land professionals to hold a broker’s license to be compensated.
Could / does (in some twisted way) mean landowners / Mineral owners are BOUND to hire a Real Estate Broker to legally negotiate a lease agreement or face having to go to court and sue / settle to collect their negotiated Delay Rental ( Sign-On Bonus / Royalty ? ?
can do a sale by owner for real estate in Ohio? You can probably buy without a broker, so not sure how you can be bound to hire someone - caveat emptor ..
You're over thinking this. This ruling has no implications to the individual landowner/mineral owner to negotiate a lease on their own. The ruling only has to do with land professionals. The landowner/mineral owner will continue to be able to sign leases, as they always have, with or without the help of a professional working on their behalf.
Man, I hope you're right !