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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 1546.13 | Transfer of lease after foreclosure sale.

Ohio Revised Code
/
Title 15 Conservation of Natural Resources
/
Chapter 1546 Division Of Parks And Watercraft
 
Effective:
September 14, 2016
Latest Legislation:
Senate Bill 293 - 131st General Assembly
PDF:
Download Authenticated PDF
 

When buildings located on state land are sold on foreclosure in a delinquent tax suit or in a mortgage foreclosure suit, the state immediately shall transfer to the purchaser of the buildings the lease for the state lands on which the buildings are located or shall cancel the former lease and execute a new lease to the purchaser. If a new lease is executed, it shall be for the same annual rental, contain the same restrictions, and grant the same privileges enjoyed by the former owner, including the privilege of purchasing the land in accordance with section 1501.01 of the Revised Code.

Available Versions of this Section