There is a newer version
of
this Section
2019 Ohio Revised Code
Title [53] LIII REAL PROPERTY
Chapter 5307 - PARTITION
Section 5307.12 - Conduct of sale - terms.
Universal Citation: Ohio Rev Code § 5307.12 (2019)
(A) A sale of an estate under section 5307.11 of the Revised Code shall be made as follows:
(1) If the sale is made by a sheriff, the sale shall be made at the door of the courthouse, unless for good cause the court of common pleas directs it to be made on the premises. The sale shall be conducted as upon execution, except that it is unnecessary to appraise the estate.
(2) If the sale is made by a licensed auctioneer, the sale shall be made pursuant to Chapter 4707. of the Revised Code.
(B) No property shall be sold for less than two thirds of the value returned by the commissioner or commissioners.
Amended by 128th General AssemblyFile No.45, HB 292, §1, eff. 9/13/2010.
Effective Date: 10-14-1997 .
Disclaimer: These codes may not be the most recent version. Ohio may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
