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The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation.

Section 2308.03 | Securing and protecting vacant and abandoned property.

Ohio Revised Code
/
Title 23 Courts-Common Pleas
/
Chapter 2308 Expedited Foreclosure On Vacant And Abandoned Properties
 
Effective:
April 6, 2017
Latest Legislation:
House Bill 463 - 131st General Assembly
PDF:
Download Authenticated PDF
 

(A) I f a residential property is found to be vacant and abandoned under section 2308.02 of the Revised Code, a mortgagee on the residential property may enter that property to secure and protect it from damage.

(B) A mortgagee that has not filed a residential mortgage loan foreclosure action on a property for which the mortgagee holds a mortgage may enter and secure that property only if the mortgage contract or other documents provide for such an entry.

(C) The equitable and statutory rights to redemption of a mortgage on a property found to be vacant and abandoned pursuant to section 2308.02 of the Revised Code expire upon the confirmation of sale of the property.

Available Versions of this Section