Ohio Rev. Code § 5313.03

Current with legislation from 2024 received as of August 15, 2024.
Section 5313.03 - Biannual statements furnished to vendee

Every vendor under a land installment contract shall, at least once a year or on demand of the vendee, but no more than twice a year, furnish a statement to the vendee showing the following:

(A) The amount credited to principal and interest;
(B) The balance due.

A land contract passbook issued by the vendor or a financial institution shall be sufficient compliance with this section.

R.C. §5313.03

Effective Date: 11/25/1969 .