Section 5721.373 | Title agent's or title insurance company's fees.
Effective:
September 28, 2016
Latest Legislation:
House Bill 390 - 131st General Assembly
(A) A title agent's or title insurance company's fees payable with respect to an action under sections 5721.30 to 5721.46 of the Revised Code are subject to the following conditions:
(1) The fees must be reasonable.
(2) Fees exceeding five hundred dollars shall be paid only if authorized by a court order.
(B)(1) Fees less than or equal to five hundred dollars shall be presumed to be reasonable.
(2) The terms of a sale negotiated under section 5721.33 of the Revised Code may include the amount to be paid in title agent's or title company's fees, subject to division (A) of this section.
Available Versions of this Section
- September 28, 2016 – House Bill 390 - 131st General Assembly [ View September 28, 2016 Version ]