About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

2013 Ohio Attorney General Reports and Opinions 1 (2013)

handle is hein.sag/sagoh0159 and id is 1 raw text is: January 11, 2013 The Honorable Michael T. Gmoser Butler County Prosecuting Attorney Government Services Center, 1 lth Floor P.O. Box 515 315 High Street Hamilton, Ohio 45012-0515 SYLLABUS: 2013-001 1. A political subdivision that receives forfeited real property pursuant to 1RC. 5723.01 must file an application under R.C. 5715.27 to have the property placed on the list of real property exempted from taxation. 2. Upon the date of the certification of a court entry ordering the forfeiture of real property to a political subdivision pursuant to PC. 5723.01, the right of a former owner to redeem the property is terminated and thereafter the former owner may not redeem the property. 3. A political subdivision that receives forfeited real property pursuant to 1LC. 5723.01 as a consequence of foreclosure proceedings under RC. 323.65-.79 is not required to pay taxes and assessments that have accrued and are due as of the time the deed to the property is transferred to the subdivision. 4. A political subdivision that is an electing subdivision, as defined in R.C. 5722.01, and receives forfeited real property pursuant to R.C. 5723.01 as a consequence of foreclosure proceedings under R.C. 323.25 or R.C. 5721.18 is not required to pay taxes and assessments that have accrued and are due as of the time the deed to the property is transferred to the subdivision. 5. A political subdivision that is not an electing subdivision, as defined in R.C. 5722.01, and receives forfeited real property pursuant to R.C. 5723.01 as a consequence of foreclosure proceedings under R.C. 323.25 or R.C. 5721.18 is not required to pay taxes and assessments that have accrued and are due as of the time the property is transferred to the subdivision when the subdivision has complied with R.C. 5722.21 and the taxing authorities consent to releasing their claims for the delinquent taxes and assessments. 6. Except as provided in R.C. 5722.21, when a political subdivision that is not an electing subdivision, as defined in R.C. 5722.01, receives forfeited real property pursuant to R.C. 5723.01 as a consequence of foreclosure

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most