Section 5307.09 | Proceedings where estate cannot be divided without loss of value.
Effective:
October 14, 1997
Latest Legislation:
Senate Bill 88 - 122nd General Assembly
When the commissioner or commissioners are of opinion that the estate cannot be divided according to the demand of the writ of partition without manifest injury to its value, the commissioner or commissioners shall return that fact to the court of common pleas with a just valuation of the estate. If the court approves the return and if one or more of the parties elects to take the estate at the appraised value, it shall be adjudged to them, upon their paying to the other parties their proportion of its appraised value, according to their respective rights, or securing it as provided in section 5307.10 of the Revised Code.
Available Versions of this Section
- October 14, 1997 – Senate Bill 88 - 122nd General Assembly [ View October 14, 1997 Version ]