Ohio Rev. Code § 2308.03

Current with legislation from 2024 received as of August 15, 2024.
Section 2308.03 - Securing and protecting vacant and abandoned property
(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.

R.C. § 2308.03

Amended by 131st General Assembly, HB 463,§1, eff. 4/6/2017.
Added by 131st General Assembly, HB 390,§101.01, eff. 9/28/2016.