Section 2329.21 | Purchaser to add enough to pay costs in certain cases.

You are viewing a past version of this section that is no longer in effect

• Effective: October 1, 1953
• Legislation: House Bill 1 - 100th General Assembly

If the sum bid by the purchaser for the real estate sold under section 2329.20 of the Revised Code relating to the enforcement of junior liens is insufficient to pay the costs and allowance which the court has determined prior to such sale should be paid out of the proceeds thereof, pursuant to the terms of the mortgage or lien sought to be enforced, then the purchaser, in addition to the amount of his bid, must pay a sum which with the amount so bid will be sufficient to pay the costs and allowances. The court may fix the amount remaining unpaid on such claims or obligations for the purpose of the sale, and to that end require the parties to the suit to furnish to it satisfactory evidence of such unpaid amount.

Available Versions of this Section

• October 1, 1953 – House Bill 1 - 100th General Assembly
• September 28, 2016 – House Bill 390 - 131st General Assembly