2020 Ohio Revised Code
Title 23 | Courts-Common Pleas
Chapter 2308 | Expedited Foreclosure on Vacant and Abandoned Properties
Section 2308.03 | Securing and Protecting Vacant and Abandoned Property.

Effective: April 6, 2017

Latest Legislation: House Bill 463 - 131st General Assembly

(A) I f a residential property is found to be vacant and abandoned under section 2308.02 of the Revised Code, a mortgagee on the residential property may enter that property to secure and protect it from damage.

(B) A mortgagee that has not filed a residential mortgage loan foreclosure action on a property for which the mortgagee holds a mortgage may enter and secure that property only if the mortgage contract or other documents provide for such an entry.

(C) The equitable and statutory rights to redemption of a mortgage on a property found to be vacant and abandoned pursuant to section 2308.02 of the Revised Code expire upon the confirmation of sale of the property.

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