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To amend sections 317.113, 323.43, 1337.01, 1337.06, | 1 |
1337.091, 1337.10, 5301.01, 5301.04, 5301.08, | 2 |
5301.251, 5301.255, 5301.28, 5301.31, 5301.32, | 3 |
5301.33, 5301.331, 5301.34, 5301.35, 5302.05, | 4 |
5302.07, 5302.09, 5302.11, 5302.12, 5302.17, | 5 |
5302.22, 5309.05, 5309.10, 5309.30, 5309.51, | 6 |
5309.75, and 5311.05 and to repeal section 5301.234 | 7 |
of the Revised Code to eliminate the requirement | 8 |
that deeds, mortgages, land contracts, leases and | 9 |
memoranda of leases of real property, memoranda of | 10 |
trust, certain powers of attorney, and other | 11 |
recordable instruments and transactions pertaining | 12 |
to real property be signed and attested to in the | 13 |
presence of witnesses. | 14 |
Section 1. That sections 317.113, 323.43, 1337.01, 1337.06, | 15 |
1337.091, 1337.10, 5301.01, 5301.04, 5301.08, 5301.251, 5301.255, | 16 |
5301.28, 5301.31, 5301.32, 5301.33, 5301.331, 5301.34, 5301.35, | 17 |
5302.05, 5302.07, 5302.09, 5302.11, 5302.12, 5302.17, 5302.22, | 18 |
5309.05, 5309.10, 5309.30, 5309.51, 5309.75, and 5311.05 of the | 19 |
Revised Code be amended to read as follows: | 20 |
Sec. 317.113. The county recorder shall not accept for | 21 |
recording a deed or other instrument in writing that is executed | 22 |
or certified in whole or in part in a language other than the | 23 |
English language unless it complies with the requirements of | 24 |
sections 317.11, 317.111, and 317.112 of the Revised Code and is | 25 |
accompanied by a complete English translation certified as | 26 |
provided in this section. The translator of the deed or other | 27 |
instrument in writing shall certify that the translation is | 28 |
accurate and that the translator is competent to perform the | 29 |
translation. The translator shall sign and acknowledge the | 30 |
translation of the deed or other instrument in writing
| 31 |
32 | |
33 | |
34 | |
judge of a court of record in this state, a clerk of a court of | 35 |
record in this state, a county auditor, a county engineer, or a | 36 |
notary public. | 37 |
A certificate of the translator that is substantially in the | 38 |
following form satisfies the requirements of this section: | 39 |
40 |
The undersigned, .........................., hereby certifies | 41 |
that the document attached to this certificate and made a part of | 42 |
this certificate has been translated into English by the | 43 |
undersigned; that the translation is accurate; and that the | 44 |
undersigned is competent to perform the translation. | 45 |
46 |
47 | |||
48 | |||
................................ | 49 | ||
(Signature of Translator) | 50 | ||
SSN: ........................... | 51 | ||
State of ...................... | 52 | ||
County of ..................... | 53 |
The foregoing certificate of translator has been acknowledged | 54 |
before me this ..... day of .........., ...... | 55 |
................................. | 56 | ||
(Signature of Judge or Officer Taking the Acknowledgment)" | 57 |
This section does not apply to a deed or other instrument in | 58 |
writing executed or certified prior to August 20, 1996. | 59 |
Sec. 323.43. Each person owning lands may authorize or | 60 |
consent to the payment by another of the taxes levied upon
| 61 |
those lands or the surface owner of lands may pay the taxes levied | 62 |
upon
coal under
| 63 |
without
consent of the owner of the coal. A person paying
| 64 |
those taxes
shall first obtain from the owner of
| 65 |
except in the case of coal, a certificate of authority to pay | 66 |
them | 67 |
acknowledged before an officer authorized to administer oaths. | 68 |
69 | |
property as shown by the tax duplicate, the amount of the taxes | 70 |
levied
| 71 |
levied, the name of the person authorized to pay them, and the | 72 |
date of the payment
| 73 |
| 74 |
the certificate shall contain an accurate description of the | 75 |
property as shown by the tax duplicate, the amount of the taxes | 76 |
levied
| 77 |
and the date
of the payment
| 78 |
The person paying
| 79 |
certificate in the office of the county recorder for record within | 80 |
ten days from
the date of the payment
| 81 |
the certificate has been
filed, the amount
| 82 |
with interest at eight per cent per annum from the date of the | 83 |
payment of
| 84 |
in preference to all liens thereafter attaching to the property, | 85 |
and in preference to all pre-existing liens the holders of which | 86 |
have executed and acknowledged
| 87 |
The money paid, with the interest thereon, may be recovered from | 88 |
the person legally liable for the
payment of the tax.
| 89 |
action may be brought by the person paying the tax at any time | 90 |
after the expiration of one year from the date of the payment | 91 |
92 | |
this section
| 93 |
foreclosure in the same manner provided by law for the foreclosure | 94 |
of mortgages on land.
| 95 |
after judgment in the foreclosure action to purchase the coal at | 96 |
the appraised amount or to have the coal sold at public sale in | 97 |
accordance with law. The certificate filed with the recorder | 98 |
shall be recorded and canceled in the same manner as mortgages on | 99 |
real estate in a book separately kept and indexed by
| 100 |
recorder for that purpose, and the recorder shall receive the fees | 101 |
prescribed by law for recording real estate mortgages. | 102 |
Sec. 1337.01. A power of attorney for the conveyance, | 103 |
mortgage, or lease of
any interest in real property
| 104 |
signed,
| 105 |
section 5301.01 of the Revised Code. | 106 |
Sec. 1337.06. A power of attorney for the transfer of | 107 |
personal property or
the transaction of business relating
| 108 |
to the transfer of personal property, in order to be admitted to | 109 |
record as provided in section 1337.07 of the Revised Code,
| 110 |
shall be signed | 111 |
deeds and mortgages under section 5301.01 of the Revised Code. | 112 |
When so executed, acknowledged, and recorded, a copy of the record | 113 |
114 | |
official seal affixed
| 115 |
courts and places within this state as prima-facie evidence of the | 116 |
existence of
| 117 |
the existence of
| 118 |
Sec. 1337.091. (A) The death or adjudged incompetency of | 119 |
any principal who has executed a power of attorney in writing does | 120 |
not revoke the power and authority of the attorney in fact who, | 121 |
without actual knowledge of the death or adjudged incompetency of | 122 |
the principal, acts in good faith under the power of attorney. Any | 123 |
action so taken, unless otherwise invalid or unenforceable, inures | 124 |
to the benefit of and binds the principal
and
| 125 |
heirs, devisees, and personal representatives. | 126 |
(B) An affidavit, executed by the attorney in fact stating | 127 |
that
| 128 |
act pursuant to the power of attorney, actual knowledge of the | 129 |
revocation of the power of attorney by the principal, or the | 130 |
revocation of the power of attorney by death or adjudged | 131 |
incompetency of the principal is, in the absence of fraud, | 132 |
conclusive proof of the nonrevocation of the power at that time. | 133 |
If the exercise of the power requires the execution and delivery | 134 |
of any instrument that
is recordable, the affidavit when
| 135 |
136 | |
deed, is likewise recordable. | 137 |
(C) This section shall not be construed to alter or affect | 138 |
any provision for revocation contained in any power of attorney. | 139 |
This section shall not be construed to affect any provision of a | 140 |
power of attorney that indicates, consistent with section 1337.09 | 141 |
of the Revised Code, that the authority of the attorney in fact is | 142 |
exercisable by
| 143 |
of attorney notwithstanding the later disability, incapacity, or | 144 |
adjudged incompetency of the principal. | 145 |
Sec. 1337.10. The county recorder shall charge the same fee | 146 |
for the recording of a power of attorney authorizing the transfer | 147 |
of personal property or the transaction of business relating | 148 |
149 | |
150 | |
record of
| 151 |
by section 317.32 of the Revised Code to charge for
| 152 |
services in regard to other instruments. | 153 |
In a county in which the county recorder has determined to | 154 |
use the microfilm process as provided by section 9.01 of the | 155 |
Revised Code, the recorder may require that all cancellations, | 156 |
releases, or other actions affecting recorded powers of attorney | 157 |
be by separate instrument, signed | 158 |
provided by section 5301.01 of the Revised Code. The original | 159 |
instrument bearing the proper endorsement may be used as
| 160 |
separate instrument. Any
| 161 |
actions described in this section shall be recorded in the books | 162 |
in which the powers of
attorney were recorded. The fee for
| 163 |
recordation shall be as set forth in this section. | 164 |
Sec. 5301.01. (A) A deed, mortgage, land contract as referred | 165 |
to in division (B)(2) of section 317.08 of the Revised Code, or | 166 |
lease of any interest in real property and a memorandum of trust | 167 |
as described in division (A) of section 5301.255 of the Revised | 168 |
Code shall be signed by the grantor, mortgagor, vendor, or lessor | 169 |
in the case of a deed, mortgage, land contract, or lease or shall | 170 |
be signed by the settlor and trustee in the case of a memorandum | 171 |
of
trust.
| 172 |
173 | |
174 | |
175 | |
acknowledged by the grantor, mortgagor, vendor, or lessor, or by | 176 |
the settlor and trustee, before a judge or clerk of a court of | 177 |
record in this state, or a county auditor, county engineer, notary | 178 |
public, or mayor, who shall certify the acknowledgement and | 179 |
subscribe
| 180 |
acknowledgement. | 181 |
(B)(1) If a deed, mortgage, land contract as referred to in | 182 |
division (B)(2) of section 317.08 of the Revised Code, lease of | 183 |
any interest in real property, or a memorandum of trust as | 184 |
described in division (A) of section 5301.255 of the Revised Code | 185 |
was executed prior to the effective date of this amendment and was | 186 |
not acknowledged in the presence of, or was not attested by, two | 187 |
witnesses as required by this section prior to that effective | 188 |
date, both of the following apply: | 189 |
(a) The instrument is deemed properly executed and is | 190 |
presumed to be valid unless the signature of the grantor, | 191 |
mortgagor, vendor, or lessor in the case of a deed, mortgage, land | 192 |
contract, or lease or of the settlor and trustee in the case of a | 193 |
memorandum of trust was obtained by fraud. | 194 |
(b) The recording of the instrument in the office of the | 195 |
county recorder of the county in which the subject property is | 196 |
situated is constructive notice of the instrument to all persons, | 197 |
including without limitation, a subsequent purchaser in good faith | 198 |
or any other subsequent holder of an interest in the property, | 199 |
regardless of whether the instrument was recorded prior to, on, or | 200 |
after the effective date of this amendment. | 201 |
(2) Division (B)(1) of this section does not affect any | 202 |
accrued substantive rights or vested rights that came into | 203 |
existence prior to the effective date of this amendment. | 204 |
Sec. 5301.04. A deed, mortgage, or lease of any interest of | 205 |
a married person
in real property
| 206 |
acknowledged, and certified as provided in section 5301.01 of the | 207 |
Revised Code. | 208 |
Sec. 5301.08. Sections 5301.01 to 5301.45 | 209 |
Revised Code do not affect the validity of any lease of lands | 210 |
appropriated by congress for the support of schools or for | 211 |
ministerial purposes for any term not exceeding ten years or of | 212 |
any other lands for any term not exceeding three years or require | 213 |
214 |
Sec. 5301.251. In lieu of the recording of a lease, there | 215 |
may be recorded a
memorandum of
| 216 |
217 | |
the Revised Code
| 218 |
names of the lessor and the lessee and their addresses as set | 219 |
forth in
| 220 |
date of execution, a description of the leased premises with such | 221 |
certainty as to identify the property, including the reference | 222 |
provided for in section 5301.011 of the Revised Code,
| 223 |
of the lease, together with any rights of renewal or extension | 224 |
225 | |
the manner of determining the
| 226 |
forth in
| 227 |
A memorandum of lease
| 228 |
229 | |
lease, or the substance
| 230 |
constructive notice of only that information contained in
| 231 |
memorandum. | 232 |
Sections 317.08, 5301.251, and 5301.33 of the Revised Code | 233 |
shall not be
construed to affect the
| 234 |
validity, or
legal effect of instruments
recorded in
| 235 |
lease records prior to August 9, 1963. | 236 |
Sec. 5301.255. (A) A memorandum of trust that satisfies | 237 |
both of the following may be presented for recordation in the | 238 |
office of the county recorder of any county in which real property | 239 |
that is subject to the trust is located: | 240 |
(1) The memorandum shall be executed by the settlor and | 241 |
trustee of the trust | 242 |
the settlor and trustee of the trust in accordance with section | 243 |
5301.01 of the Revised Code. | 244 |
(2) The memorandum shall state all of the following: | 245 |
(a) The names and addresses of the settlor and trustee of | 246 |
the trust; | 247 |
(b) The date of execution of the trust; | 248 |
(c) The powers specified in the trust relative to the | 249 |
acquisition, sale, or encumbering of real property by the trustee | 250 |
or the conveyance of real property by the trustee, and any | 251 |
restrictions upon those powers. | 252 |
(B) A memorandum of trust that satisfies divisions (A)(1) | 253 |
and (2) of this section also may set forth the substance or actual | 254 |
text of provisions of the trust that are not described in those | 255 |
divisions. | 256 |
(C) A memorandum of trust that satisfies divisions (A)(1) | 257 |
and (2) of this section shall constitute notice only of the | 258 |
information contained in it. | 259 |
(D) Upon the presentation for recordation of a memorandum of | 260 |
trust that satisfies divisions (A)(1) and (2) of this section and | 261 |
the payment of the requisite fee prescribed in section 317.32 of | 262 |
the Revised Code, a county recorder shall record the memorandum of | 263 |
trust as follows: | 264 |
(1) Unless division (D)(2) of this section applies, in the | 265 |
record of deeds described in division (A) of section 317.08 of the | 266 |
Revised Code, if the memorandum of trust describes specific real | 267 |
property, or in the record of powers of attorney described in | 268 |
division (C) of that section, if the memorandum of trust does not | 269 |
describe specific real property; | 270 |
(2) If the county recorder records instruments in accordance | 271 |
with division (F) of section 317.08 of the Revised Code, in the | 272 |
official records described in that division. | 273 |
Sec. 5301.28. When the mortgagee of property within this | 274 |
state, or the party to whom the mortgage has been assigned, either | 275 |
by a separate instrument, or in writing on
| 276 |
on the margin of the record
| 277 |
assignment, if in
writing on
| 278 |
the record
| 279 |
acknowledged, receives payment of any part of the money due the | 280 |
holder of
| 281 |
enters satisfaction or a receipt
| 282 |
on the mortgage or its record,
| 283 |
when entered on
| 284 |
from the original mortgage by the county recorder, will release | 285 |
the
mortgage to the extent of
| 286 |
a
mortgage has been assigned in writing on
| 287 |
recorder
| 288 |
upon
the margin of the record of the mortgage before
| 289 |
satisfaction
or receipt is entered upon the record
| 290 |
mortgage. | 291 |
In a county in which the county recorder has determined to | 292 |
use the microfilm process as provided by section 9.01 of the | 293 |
Revised Code, the recorder may require that all satisfactions of | 294 |
mortgages be made by separate instrument. The original instrument | 295 |
bearing the proper endorsement may be used as such separate | 296 |
instrument.
| 297 |
book provided by section 5301.34 of the Revised Code for the | 298 |
satisfactions of mortgages. The recorder shall charge the fee for | 299 |
300 | |
Code for recording mortgages. | 301 |
Sec. 5301.31. Except in counties in which a separate | 302 |
instrument is required to assign or partially release a mortgage | 303 |
as described in section 5301.32 of the Revised Code, a mortgage | 304 |
may be assigned or partially released by the holder of the | 305 |
mortgage, by writing the assignment or partial release on the | 306 |
original mortgage or upon the margin of the record of the original | 307 |
mortgage and signing it. The assignment or partial release need | 308 |
not be acknowledged
| 309 |
margin of the record of the original mortgage, the signing shall | 310 |
be attested by the county recorder. The assignment, whether it is | 311 |
upon the original mortgage, upon the margin of the record of the | 312 |
original mortgage, or by separate instrument, shall transfer not | 313 |
only the lien of the mortgage but also all interest in the land | 314 |
described in the mortgage. An assignment of a mortgage shall | 315 |
contain the then current mailing address of the assignee. The | 316 |
signature of a person on the assignment or partial release may be | 317 |
a facsimile of that person's signature. A facsimile of a | 318 |
signature on an assignment or partial release is equivalent to and | 319 |
constitutes the written signature of the person for all | 320 |
requirements regarding mortgage assignments or partial releases. | 321 |
For entering an assignment or partial release of a mortgage | 322 |
upon the margin of the record of the original mortgage or for | 323 |
attesting it, the recorder shall be entitled to the fee provided | 324 |
by section 317.32 of the Revised Code for recording the assignment | 325 |
and satisfaction of mortgages. | 326 |
Sec. 5301.32. A mortgage may be assigned or partially | 327 |
released by a separate instrument of assignment or partial | 328 |
release, acknowledged
| 329 |
of the Revised Code. The separate instrument of assignment or | 330 |
partial release shall be recorded in the book provided by section | 331 |
5301.34 of the Revised Code for the recording of satisfactions of | 332 |
mortgages | 333 |
charge the fee for that recording as provided by section 317.32 of | 334 |
the Revised Code for recording deeds. The signature of a person | 335 |
on the assignment or partial release may be a facsimile of that | 336 |
person's signature. A facsimile of a signature on an assignment | 337 |
or partial release is equivalent to and constitutes the written | 338 |
signature of the person for all requirements regarding mortgage | 339 |
assignments or partial releases. | 340 |
In a county in which the recorder has determined to use the | 341 |
microfilm process as provided by section 9.01 of the Revised Code, | 342 |
the recorder may require that all assignments and partial releases | 343 |
of mortgages be by separate instruments. The original instrument | 344 |
bearing the proper endorsement may be used as the separate | 345 |
instrument. | 346 |
An assignment of a mortgage shall contain the then current | 347 |
mailing address of the assignee. | 348 |
Sec. 5301.33. Except in counties where deeds or other | 349 |
separate instruments are required as provided in this section, a | 350 |
lease, whether or not renewable
forever,
| 351 |
any county recorder's office, may be canceled or partially | 352 |
released by the lessor and lessee, or assigned by either of them, | 353 |
by
writing
| 354 |
on the original
lease, or upon the margin of the record
| 355 |
the original lease, and
by signing it.
| 356 |
partial release, or assignment need not be
| 357 |
acknowledged, but if written on the margin of the record, the | 358 |
signing
| 359 |
The assignment by the lessee, whether it is upon the lease, or | 360 |
upon the margin of the record
| 361 |
instrument, shall transfer all interest held by the lessee under | 362 |
the lease in
the premises described
| 363 |
otherwise stated in the lease or in the assignment. For copying | 364 |
365 | |
margin of the record, if written upon the original instrument, or | 366 |
for attesting it, if written upon the margin of the record, the | 367 |
recorder shall charge the fee provided by section 317.32 of the | 368 |
Revised Code for recording the assignment and satisfaction of | 369 |
mortgages. | 370 |
A lease, whether or not renewable forever,
| 371 |
recorded in any county
recorder's office,
| 372 |
canceled, partially released, or assigned by deed or by other | 373 |
separate instrument acknowledged
| 374 |
section 5301.01 of the Revised Code. Unless in the form of a | 375 |
deed, a separate instrument of cancellation, partial release, or | 376 |
assignment shall be recorded in the record of leases provided for | 377 |
by section 317.08 of the Revised Code
| 378 |
charge the fee for
| 379 |
317.32 of the Revised Code for recording deeds. | 380 |
| 381 |
assigned by deed or by
other separate instrument and
| 382 |
deed or other separate instrument recites the recorder's file | 383 |
number of the original lease or the volume and page of the record | 384 |
385 | |
shall note on the margin of the record of the original lease the | 386 |
recorder's file number of
| 387 |
instrument or the volume and page of the record
| 388 |
the same is recorded. | 389 |
"Lessor" and "lessee" as used in this section include an | 390 |
assignee of the interest of either. "Lease" as used in this | 391 |
section includes a memorandum of lease provided for by section | 392 |
5301.251 of the Revised Code. This section does not permit the | 393 |
assignment of any lease
| 394 |
the
terms
| 395 |
In a county in which the county recorder has determined to | 396 |
use the microfilm process as provided by section 9.01 of the | 397 |
Revised Code, the recorder may require that all cancellations, | 398 |
partial releases, and assignments of leases be by deed or other | 399 |
separate instrument. The original instrument bearing the proper | 400 |
endorsement may be used as such separate instrument. | 401 |
Sec. 5301.331. Except in counties where deeds or other | 402 |
instruments are required as provided in this section, a land | 403 |
contract
| 404 |
recorder may be cancelled, partially released by the vendor and | 405 |
vendee, or assigned by either of them by writing
| 406 |
cancellation, partial release, or assignment on the original land | 407 |
contract or upon the
margin
of the record
| 408 |
land contract, and
by signing it.
| 409 |
release, or
assignment need not be
| 410 |
if written on the margin
of the record, the signing
| 411 |
shall be attested to by the county recorder.
| 412 |
by the vendee, whether it is on the land contract or upon the | 413 |
margin of the record
| 414 |
instrument, shall transfer the right held by the vendee under the | 415 |
land contract in the premises described
| 416 |
unless otherwise stated in the land contract or in the assignment. | 417 |
For
copying
| 418 |
upon the margin of the record, or for attesting it, if written | 419 |
upon the margin of the record, the recorder shall charge the fee | 420 |
provided by section 317.32 of the Revised Code for recording the | 421 |
assignment and satisfaction of mortgages. | 422 |
A land contract
| 423 |
county recorder may also be cancelled, partially released, or | 424 |
assigned by deed or by other separate
instrument, acknowledged
| 425 |
426 | |
Unless in the form of a deed, a separate instrument of | 427 |
cancellation, partial release, or assignment shall be recorded in | 428 |
the book provided by section 5301.34 of the Revised Code for | 429 |
recording satisfactions of
mortgages | 430 |
charge the fee for
| 431 |
317.32 of the Revised Code for record fees. | 432 |
| 433 |
released, or assigned by deed or other separate instrument, and | 434 |
435 | |
file number of the original land contract or the volume and page | 436 |
of the record
| 437 |
recorded, the recorder shall note on the margin of the original | 438 |
land contract the recorder's
file number of
| 439 |
separate instrument or the volume and page of
the record
| 440 |
in which the same is recorded. | 441 |
"Vendor" and " | 442 |
an assignee of the interest of either. This section does not | 443 |
permit
the assignment of any land
contract
| 444 |
is
prohibited by the terms
| 445 |
In a county where the county recorder has determined to use | 446 |
the microfilm process as provided by section 9.01 of the Revised | 447 |
Code, the recorder may require that all cancellations, partial | 448 |
releases, and assignments of land contracts be by deed or other | 449 |
separate instrument. The original instrument bearing the proper | 450 |
endorsement may be used as such separate instrument. | 451 |
Sec. 5301.34. A mortgage
| 452 |
record
| 453 |
is presented to
| 454 |
the
mortgagee or
| 455 |
456 | |
when there is presented to
| 457 |
executed by the governor as provided in section 5301.19 of the | 458 |
Revised Code, certifying that the mortgage has been fully paid and | 459 |
satisfied. In addition to the discharge on the records by the | 460 |
recorder, such certificate shall be recorded in a book kept for | 461 |
that purpose by the recorder.
| 462 |
fees for such recording as provided by section 317.32 of the | 463 |
Revised Code for recording deeds. | 464 |
Sec. 5301.35. The priority of the lien of a mortgage may be | 465 |
waived to the
extent specified by the holder
| 466 |
in favor of any lien, mortgage, lease, easement, or other interest | 467 |
in the property covered by the mortgage, by
writing
| 468 |
waiver of priority on the original mortgage and signing it, by | 469 |
writing
| 470 |
of
| 471 |
acknowledged
| 472 |
Revised Code.
| 473 |
the record of
| 474 |
instrument, is constructive notice to all persons dealing with | 475 |
either the
property described in
| 476 |
mortgage
itself from the date of
filing
| 477 |
record.
| 478 |
the margin
of the record
| 479 |
acknowledged
| 480 |
record, the
signing
| 481 |
If
| 482 |
shall be recorded in the book provided by section 5301.34 of the | 483 |
Revised Code for the recording of satisfactions of mortgages. For | 484 |
485 | |
provided by section 317.32 of the Revised Code for recording | 486 |
deeds. For entering any
| 487 |
of the record
of
| 488 |
recorder is entitled to the fees
for recording
| 489 |
of priority
| 490 |
of mortgages under section 317.32 of the Revised Code. | 491 |
In a county in which the county recorder has determined to | 492 |
use the microfilm process as provided by section 9.01 of the | 493 |
Revised Code, the recorder may require that all waivers of | 494 |
priority of mortgages be made by separate instrument. The | 495 |
original instrument bearing the proper
| 496 |
be used as such separate instrument. | 497 |
Sec. 5302.05. A deed in substance following the form set | 498 |
forth in this section, when duly executed in accordance with | 499 |
Chapter 5301. of the Revised Code, has the force and effect of a | 500 |
deed in fee simple to the grantee,
| 501 |
assigns, and
successors, to
| 502 |
grantee's heirs', assigns', and successors' own use, with | 503 |
covenants on
the part
of the grantor with the grantee,
| 504 |
grantee's heirs, assigns, and successors, that, at the time of the | 505 |
delivery of
| 506 |
fee simple of the granted premises, that the granted premises were | 507 |
free from all encumbrances, that
| 508 |
sell and convey the same to the grantee and
| 509 |
heirs, assigns, and successors, and that
| 510 |
warrant and will
defend the same to the grantee and
| 511 |
grantee's heirs, assigns, and successors, forever, against the | 512 |
lawful claims and demands of all persons. | 513 |
514 |
........... (marital status), of ........... County, | 515 |
.............. for valuable consideration paid, grant(s), with | 516 |
general warranty covenants, to ............., whose tax-mailing | 517 |
address is .................., the following real property: | 518 |
(description of land or interest therein and encumbrances, | 519 |
reservations, and exceptions, if any) | 520 |
Prior Instrument Reference: | Volume ....., Page ..... | 521 |
..............., wife (husband) of the grantor, releases all | 522 |
rights of dower therein. | 523 |
| 524 |
525 |
Executed before me on ............... day of ............... | 526 |
by ...................., who, under penalty of perjury in | 527 |
violation of section 2921.11 of the Revised Code, represented to | 528 |
me to be said person. | 529 |
............................... | 530 | ||
(Signature of Judge or Officer | 531 | ||
Taking the Acknowledgment) | 532 |
(Execution in accordance with Chapter 5301. of the Revised | 533 |
Code)" | 534 |
Sec. 5302.07. A deed in substance following the form set | 535 |
forth in this section, when duly executed in accordance with | 536 |
Chapter 5301. of the Revised Code, has the force and effect of a | 537 |
deed in fee simple to the grantee,
| 538 |
assigns, and
successors, to
| 539 |
grantee's heirs', assigns', and successors' own use, with | 540 |
covenants on
the part
of the grantor with the grantee,
| 541 |
grantee's heirs, assigns, and successors, that, at the time of the | 542 |
delivery of
| 543 |
encumbrances made by
| 544 |
warrant and will defend the same to the grantee and
| 545 |
grantee's heirs, assigns, and successors, forever, against the | 546 |
lawful claims and demands of all persons claiming by, through, or | 547 |
under the grantor, but against none other. | 548 |
549 |
.......... (marital status), of ............ County, | 550 |
............. for valuable consideration paid, grant(s), with | 551 |
limited warranty covenants, to ..........., whose tax-mailing | 552 |
address is ..........., the following real property: | 553 |
(description of land or interest therein and encumbrances, | 554 |
reservations, and exceptions, if any) | 555 |
Prior Instrument Reference: | Volume ....., Page ..... | 556 |
..........., wife (husband) of said grantor, releases to said | 557 |
grantee all rights of dower therein. | 558 |
| 559 |
Executed before me on ............... day of ............... | 560 |
by ...................., who, under penalty of perjury in | 561 |
violation of section 2921.11 of the Revised Code, represented to | 562 |
me to be said person. | 563 |
............................... | 564 | ||
(Signature of Judge or Officer | 565 | ||
Taking the Acknowledgment) | 566 |
(Execution in accordance with Chapter 5301. of the Revised | 567 |
Code)" | 568 |
Sec. 5302.09. A deed in substance following the form set | 569 |
forth in this section, when duly executed in accordance with | 570 |
Chapter 5301. of the Revised Code, has the force and effect of a | 571 |
deed in fee simple to the grantee,
| 572 |
assigns, and
successors, to
| 573 |
grantee's heirs', assigns', and successors' own use, with | 574 |
covenants on
the part
of the grantor with the grantee,
| 575 |
grantee's heirs, assigns, and successors, that, at the time of the | 576 |
delivery of
| 577 |
qualified, and acting in the fiduciary
capacity described in
| 578 |
that deed, and was duly authorized to make the sale and conveyance | 579 |
of
the premises; that in all of
| 580 |
the
sale
| 581 |
the requirements of the statutes in such case provided. | 582 |
583 |
584 |
.........., executor of the will of ................, | 585 |
(administrator of the estate of ........) (trustee under .......) | 586 |
(guardian of ........) (receiver of ........) (commissioner), by | 587 |
the power conferred by .........., and every other power, for | 588 |
........ dollars paid, grants, with fiduciary covenants, to | 589 |
.........., whose tax-mailing address is ........., the following | 590 |
real property: | 591 |
(description of land or interest therein and encumbrances, | 592 |
reservations, and exceptions, if any) | 593 |
Prior Instrument Reference: | Volume ....., Page ..... | 594 |
| 595 |
Executed before me on ............... day of ............... | 596 |
by ...................., who, under penalty of perjury in | 597 |
violation of section 2921.11 of the Revised Code, represented to | 598 |
me to be said person. | 599 |
............................... | 600 | ||
(Signature of Judge or Officer | 601 | ||
Taking the Acknowledgment) | 602 |
(Execution in accordance with Chapter 5301. of the Revised | 603 |
Code)" | 604 |
Sec. 5302.11. A deed in substance following the form set | 605 |
forth in this section, when duly executed in accordance with | 606 |
Chapter 5301. of the Revised Code, has the force and effect of a | 607 |
deed in fee simple to the grantee,
| 608 |
assigns, and
successors, and to
| 609 |
grantee's heirs', assigns', and successors' own use, but without | 610 |
covenants of any kind on the part of the grantor. | 611 |
612 |
............... (marital status), of .......... County, | 613 |
..................... for valuable consideration paid, grant(s) to | 614 |
.................., whose tax-mailing address is .........., the | 615 |
following real property: | 616 |
(description of land or interest therein and encumbrances, | 617 |
reservations, and exceptions, if any) | 618 |
Prior Instrument Reference: Volume ......., Page ...... | 619 |
..............., wife (husband) of the grantor, releases all | 620 |
rights of dower therein. | 621 |
| 622 |
623 |
Executed before me on ............... day of ............... | 624 |
by ...................., who, under penalty of perjury in | 625 |
violation of section 2921.11 of the Revised Code, represented to | 626 |
me to be said person. | 627 |
............................... | 628 | ||
(Signature of Judge or Officer | 629 | ||
Taking the Acknowledgment) | 630 |
(Execution in accordance with Chapter 5301. of the Revised | 631 |
Code)" | 632 |
Sec. 5302.12. A mortgage in substance following the form set | 633 |
forth in this section, when duly executed in accordance with | 634 |
Chapter 5301. of the Revised Code, has the force and effect of a | 635 |
mortgage to the use of the mortgagee and
| 636 |
heirs, assigns, and successors, with mortgage covenants and upon | 637 |
the statutory condition, as defined in sections 5302.13 and | 638 |
5302.14 of the Revised Code, to secure the payment of the money or | 639 |
the performance of any obligation specified in the mortgage. The | 640 |
parties may insert in the mortgage any other lawful agreement or | 641 |
condition. | 642 |
643 |
........................, .................... (marital status), | 644 |
of ................ (current mailing address), for .......... | 645 |
Dollars paid, grant(s), with mortgage covenants, to ............, | 646 |
of .................. (current mailing address), the following | 647 |
real property: | 648 |
(Description of land or interest in land and encumbrances, | 649 |
reservations, and exceptions, if any.) | 650 |
(A reference to the last recorded instrument through which | 651 |
the mortgagor claims title. The omission of the reference shall | 652 |
not affect the validity of the mortgage.) | 653 |
This mortgage is given, upon the statutory condition, to | 654 |
secure the payment of ................. dollars with interest as | 655 |
provided in a note of the same date. | 656 |
"Statutory condition" is defined in section 5302.14 of the | 657 |
Revised Code and provides generally that, if the mortgagor pays | 658 |
the principal and interest secured by this mortgage, performs the | 659 |
other obligations secured by this mortgage and the conditions of | 660 |
any prior mortgage, pays all the taxes and assessments, maintains | 661 |
insurance against fire and other hazards, and does not commit or | 662 |
suffer waste, then this mortgage shall be void. | 663 |
..................., wife (husband) of the mortgagor, | 664 |
releases to the mortgagee all rights of dower in the described | 665 |
real property. | 666 |
| 667 |
Executed before me on ............... day of ............... | 668 |
by ...................., who, under penalty of perjury in | 669 |
violation of section 2921.11 of the Revised Code, represented to | 670 |
me to be said person. | 671 |
............................... | 672 | ||
(Signature of Judge or Officer | 673 | ||
Taking the Acknowledgment) | 674 |
(Execution in accordance with Chapter 5301. of the Revised | 675 |
Code)" | 676 |
Sec. 5302.17. A deed conveying any interest in real property | 677 |
to two or more persons, and in substance following the form set | 678 |
forth in this section, when duly executed in accordance with | 679 |
Chapter 5301. of the Revised Code, creates a survivorship tenancy | 680 |
in the grantees, and upon the death of any of the grantees, vests | 681 |
the interest of the decedent in the survivor,
survivors, or
| 682 |
the survivor's or
| 683 |
684 |
............... (marital status), of .................... County, | 685 |
......................... for valuable consideration paid, | 686 |
grant(s), (covenants, if any), to ......................... | 687 |
(marital status) and ................... | 688 |
their joint lives, remainder to the survivor of them, whose | 689 |
tax-mailing addresses are ............, the following real | 690 |
property: | 691 |
(description of land or interest therein and encumbrances, | 692 |
reservations, and exceptions, if any) | 693 |
Prior Instrument Reference: ........................... | 694 |
..............., wife (husband) of the grantor, releases all | 695 |
rights of dower therein. | 696 |
| 697 |
698 |
Executed before me on ............... day of ............... | 699 |
by ...................., who, under penalty of perjury in | 700 |
violation of section 2921.11 of the Revised Code, represented to | 701 |
me to be said person. | 702 |
............................... | 703 | ||
(Signature of Judge or Officer | 704 | ||
Taking the Acknowledgment) | 705 |
(Execution in accordance with Chapter 5301. of the Revised | 706 |
Code)" | 707 |
Any persons who are the sole owners of real property, prior | 708 |
to April 4, 1985, as tenants with a right of survivorship under | 709 |
the common or statutory law of this state or as tenants in common | 710 |
may create in themselves and in any other person or persons a | 711 |
survivorship tenancy in the real property by executing a deed as | 712 |
provided in this section conveying their entire, separate | 713 |
interests in the real property to themselves and to the other | 714 |
person or persons. | 715 |
Except as otherwise provided in this section, when a person | 716 |
holding real property as a survivorship tenant dies, the transfer | 717 |
of the interest of the decedent may be recorded by presenting to | 718 |
the county auditor and filing with the county recorder either a | 719 |
certificate of transfer as provided in section 2113.61 of the | 720 |
Revised Code, or an affidavit accompanied by a certified copy of a | 721 |
death certificate. The affidavit shall recite the names of the | 722 |
other survivorship tenant or tenants, the address of the other | 723 |
survivorship tenant or tenants, the date of death of the decedent, | 724 |
and a description of the real property. The county recorder shall | 725 |
make index reference to any certificate or affidavit so filed in | 726 |
the record of deeds. When a person holding real property as a | 727 |
survivorship tenant dies and the title to the property is | 728 |
registered pursuant to Chapter 5309. of the Revised Code, the | 729 |
procedure for the transfer of the interest of the decedent shall | 730 |
be pursuant to section 5309.081 of the Revised Code. | 731 |
Sec. 5302.22. (A) A deed conveying any interest in real | 732 |
property, and in substance following the form set forth in this | 733 |
division, when duly executed in accordance with Chapter 5301. of | 734 |
the Revised Code and recorded in the office of the county | 735 |
recorder, creates a present interest as sole owner or as a tenant | 736 |
in common in the grantee and creates a transfer on death interest | 737 |
in the beneficiary or beneficiaries. Upon the death of the | 738 |
grantee, the deed vests the interest of the decedent in the | 739 |
beneficiary or beneficiaries. The deed described in this division | 740 |
shall in substance conform to the following form: | 741 |
742 |
.................... (marital status), of ........... County, | 743 |
.................... (for valuable consideration paid, if any), | 744 |
grant(s) (with covenants, if any), to .................... whose | 745 |
tax mailing address is ...................., transfer on death to | 746 |
...................., beneficiary(s), the following real | 747 |
property | 748 |
(Description of land or interest in land and encumbrances, | 749 |
reservations, and exceptions, if any.) | 750 |
Prior Instrument Reference: ................................ | 751 |
...................., wife (husband) of the grantor, releases all | 752 |
rights of dower therein. | 753 |
| 754 |
755 |
Executed before me on ............... day of ............... | 756 |
by ...................., who, under penalty of perjury in | 757 |
violation of section 2921.11 of the Revised Code, represented to | 758 |
me to be said person. | 759 |
............................... | 760 | ||
(Signature of Judge or Officer | 761 | ||
Taking the Acknowledgment) | 762 |
(Execution in accordance with Chapter 5301. of the Revised | 763 |
Code)" | 764 |
(B) Any person who, under the Revised Code or the common law | 765 |
of this state, owns real property or any interest in real property | 766 |
as a sole owner or as a tenant in common may create an interest in | 767 |
the real property transferable on death by executing and recording | 768 |
a deed as provided in this section conveying the person's entire, | 769 |
separate interest in the real property to one or more individuals, | 770 |
including the grantor, and designating one or more other persons, | 771 |
identified in the deed by name, as transfer on death | 772 |
beneficiaries. | 773 |
A deed conveying an interest in real property that includes a | 774 |
transfer on death beneficiary designation need not be supported by | 775 |
consideration and need not be delivered to the transfer on death | 776 |
beneficiary to be effective. | 777 |
(C) Upon the death of any individual who owns real property | 778 |
or an interest in real property that is subject to a transfer on | 779 |
death beneficiary designation made under a transfer on death deed | 780 |
as provided in this section, the deceased owner's interest shall | 781 |
be transferred only to the transfer on death beneficiaries who are | 782 |
identified in the deed by name and who survive the deceased owner | 783 |
or that are in existence on the date of death of the deceased | 784 |
owner. The transfer of the deceased owner's interest shall be | 785 |
recorded by presenting to the county auditor and filing with the | 786 |
county recorder an affidavit, accompanied by a certified copy of a | 787 |
death certificate for the deceased owner. The affidavit shall | 788 |
recite the name and address of each designated transfer on death | 789 |
beneficiary who survived the deceased owner or that is in | 790 |
existence on the date of the deceased owner's death, the date of | 791 |
the deceased owner's death, a description of the subject real | 792 |
property or interest in real property, and the names of each | 793 |
designated transfer on death beneficiary who has not survived the | 794 |
deceased owner or that is not in existence on the date of the | 795 |
deceased owner's death. The affidavit shall be accompanied by a | 796 |
certified copy of a death certificate for each designated transfer | 797 |
on death beneficiary who has not survived the deceased owner. The | 798 |
county recorder shall make an index reference to any affidavit so | 799 |
filed in the record of deeds. | 800 |
Upon the death of any individual holding real property or an | 801 |
interest in real property that is subject to a transfer on death | 802 |
beneficiary designation made under a transfer on death deed as | 803 |
provided in this section, if the title to the real property is | 804 |
registered pursuant to Chapter 5309. of the Revised Code, the | 805 |
procedure for the transfer of the interest of the deceased owner | 806 |
shall be pursuant to section 5309.081 of the Revised Code. | 807 |
Sec. 5309.05. The persons who, singly or collectively, claim | 808 |
to own and to be seized of, or to have the power of appointing or | 809 |
disposing of, the legal or equitable estate in fee in and to the | 810 |
whole of any parcel of land, may personally or through an attorney | 811 |
in fact, authorized by an instrument signed,
| 812 |
acknowledged, and recorded as a deed, have their title to
| 813 |
that
estate in
| 814 |
land, registered in the county where the land is situated. A | 815 |
corporation may apply by its agent or attorney, authorized by vote | 816 |
of its board of directors, and any person under disability may | 817 |
apply by
| 818 |
in whose behalf the application is made shall be named as the | 819 |
applicants or plaintiffs, except in cases mentioned in section | 820 |
5309.66 of the Revised Code. | 821 |
Sec. 5309.10. If the application to register the title to | 822 |
land or to any
interest
| 823 |
person, the
| 824 |
signify
| 825 |
prayed for by
| 826 |
827 | |
828 | |
829 | |
one refuses to consent to the application of the other, the assent | 830 |
of the
| 831 |
in
| 832 |
treated and named as a party defendant to the application. | 833 |
Sec. 5309.30. The county recorder shall take from the owner | 834 |
of any registered property, right, interest, lien, or charge, in | 835 |
every case
| 836 |
owner's receipt or signature card, giving the residence and | 837 |
post-office address, for the certificate of title, or whatever | 838 |
paper is
issued or delivered to or filed by
| 839 |
by
| 840 |
receipt or signature card is signed in the recorder's office, it | 841 |
may be witnessed by the recorder or
| 842 |
elsewhere,
| 843 |
844 | |
authorized to take acknowledgment of deeds. When signed, | 845 |
witnessed
| 846 |
the receipt shall be regarded as containing the genuine signature | 847 |
of
| 848 |
Sec. 5309.51. The holder of any mortgage, encumbrance, | 849 |
lease, charge, or lien upon registered land may execute to a | 850 |
transferee an assignment for the whole
or
any part
| 851 |
mortgage, encumbrance, lease, charge, or lien, by
| 852 |
endorsement of
| 853 |
encumbrance, the holder's duplicate, the mortgagee's certified | 854 |
copy of a
mortgage, or by a separate instrument
| 855 |
acknowledged as required by section 5301.01 of the Revised Code. | 856 |
The assignment of
only a part
| 857 |
encumbrance, lease, charge, or lien shall state whether the part | 858 |
transferred is to be given priority, be deferred, or rank equally | 859 |
with the remaining part. When
| 860 |
the county recorder and the assignor produces the instrument of | 861 |
encumbrance
| 862 |
instrument is the original instrument or one of the original | 863 |
duplicates
| 864 |
mortgage when the assignor produces the "mortgagee's certified | 865 |
copy," if
| 866 |
being satisfied that the assignment is properly made and should be | 867 |
registered, shall register
| 868 |
memorial of the part transferred, the date of transfer, the name, | 869 |
residence, and post-office address of
the
transferee, how
| 870 |
part transferred is to rank with the remaining part, and the file | 871 |
number upon the register
| 872 |
creating the charge is registered, and in case of assignment by | 873 |
separate instrument, upon the
original
instrument.
| 874 |
875 | |
the instrument of assignment the exact time of filing and the | 876 |
volume and folium of the register
| 877 |
registered. If the original instrument of encumbrance, or one of | 878 |
the
duplicates
| 879 |
assignee
| 880 |
881 | |
instrument assigned, or copied in a separate volume and noted on | 882 |
the margin of the record of the instrument assigned, if the | 883 |
recorder keeps any such separate volume for the record of | 884 |
assignments and
| 885 |
assignment
| 886 |
assigned. If the original instrument of encumbrance or one of the | 887 |
original duplicates
| 888 |
by the recorder, or a mortgagee's certified copy of the mortgage, | 889 |
is outstanding in the hands of the encumbrancer, lessee, or their | 890 |
assigns, no
entry or memorial of an assignment or transfer of
| 891 |
that instrument or security
of any part
| 892 |
shall be made by the recorder without the production of
| 893 |
original instrument, or the
| 894 |
895 |
Waivers of the priority of lien of mortgages may be | 896 |
registered subject to the requirements of this section as to | 897 |
assignments. | 898 |
Sec. 5309.75. The deed or instrument constituting a person | 899 |
an attorney in fact shall contain: | 900 |
(A) The full name of the party appointing, and of the person | 901 |
appointed, and the residence and post-office address of each; | 902 |
(B) The number of the outstanding certificate of title, and | 903 |
the volume and folium of the register; | 904 |
(C) A description of the land | 905 |
as given in the certificate of title; | 906 |
(D) A brief statement of the powers conferred upon the | 907 |
attorney in fact. | 908 |
| 909 |
making it
| 910 |
5301.01 of the Revised Code. | 911 |
Sec. 5311.05. (A) A declaration submitting property to the | 912 |
provisions of this chapter shall be signed and acknowledged by the | 913 |
owner
| 914 |
915 | |
judge or clerk of a court of record, county auditor, county | 916 |
engineer, notary public, mayor, or county court judge, who shall | 917 |
certify the acknowledgment and subscribe
| 918 |
certificate of acknowledgment. | 919 |
(B) A declaration shall contain all of the following: | 920 |
(1) A legal description of the land or, in the case of water | 921 |
slip condominium property, of the land and the land under the | 922 |
water area, thereby submitted to the provisions of this chapter; | 923 |
(2) The name by which the condominium property shall be | 924 |
known which shall include the word "condominium"; | 925 |
(3) The purpose or purposes of the condominium property and | 926 |
the units and commercial facilities situated
| 927 |
condominium property and the restrictions, if any, upon the use or | 928 |
uses
| 929 |
(4) A general description of the building or buildings | 930 |
thereby submitted to the provisions of this chapter, stating the | 931 |
principal materials of which it is or they are constructed and the | 932 |
number of stories, basements, and units
| 933 |
buildings, or a general description of each water slip and of the | 934 |
piers and wharves forming each water slip thereby submitted to the | 935 |
provisions of this chapter; | 936 |
(5) The unit designation of each unit thereby submitted to | 937 |
the provisions of this chapter and a statement of its location, | 938 |
approximate area, number of rooms, and the immediate common area | 939 |
or limited common area to which it has access, and any other data | 940 |
necessary for its proper identification; | 941 |
(6) A description of the common area and facilities and | 942 |
limited common areas and facilities thereby submitted to the | 943 |
provisions of this chapter, the percentage or percentages of | 944 |
interest
| 945 |
common areas and facilities appertaining to each unit, the basis | 946 |
upon which those appurtenant percentages of interest are | 947 |
allocated, and the procedures whereby the percentages appertaining | 948 |
to each unit may be altered, which percentages, basis, and | 949 |
procedures shall be in accordance with section 5311.04 of the | 950 |
Revised Code; | 951 |
(7) A statement that each unit owner shall be a member of a | 952 |
unit owners association
| 953 |
administration of the condominium property; | 954 |
(8) The name of a person to receive service of process for | 955 |
the unit owners association, together with the residence or place | 956 |
of business of the person, which residence or place of business | 957 |
shall be in a county in which all or a part of the condominium | 958 |
property is situated; | 959 |
(9) The method by which the declaration may be amended, | 960 |
961 | |
and section 5311.051 of the Revised Code, shall require the | 962 |
affirmative vote of those unit owners exercising not less than | 963 |
seventy-five per cent of the voting power; | 964 |
(10) Any further provisions deemed desirable. | 965 |
(C) In the case of an expandable condominium property, the | 966 |
declaration also shall contain all of the following: | 967 |
(1) The explicit reservation of the declarant's option to | 968 |
expand the condominium property; | 969 |
(2) A statement of any limitations on that option, including | 970 |
a statement as to whether the consent of any unit owners is | 971 |
required, and if so, a statement as to the method whereby the | 972 |
consent is to be ascertained; or a statement that there are no | 973 |
such limitations; | 974 |
(3) A time limit, not exceeding seven years from the date | 975 |
the declaration is filed for record, renewable for an additional | 976 |
seven-year period at the option of the developer, exercisable | 977 |
within six months prior to the expiration of the seven-year period | 978 |
and with the consent of the majority of the unit owners other than | 979 |
the developer upon which the option to expand the condominium | 980 |
property will expire, together with a statement of any | 981 |
circumstances that will terminate the option prior to the | 982 |
expiration of the time limit; | 983 |
(4) A legal description by metes and bounds of all | 984 |
additional property that, through exercise of the option, may be | 985 |
submitted to the provisions of this chapter and that, thereby, may | 986 |
be added to the condominium property; | 987 |
(5) A statement as to whether all, or a particular portion, | 988 |
of the additional property must be added to the condominium | 989 |
property, or whether, if any additional property is added, all or | 990 |
a particular portion of the additional property must be added, | 991 |
and, if not, a statement of any limitations as to the portions | 992 |
that may be added or a statement that there are no such | 993 |
limitations; | 994 |
(6) A statement as to whether portions of the additional | 995 |
property may be added to the condominium property at different | 996 |
times, together with any limitations fixing the boundaries of | 997 |
those portions by legal descriptions setting forth the metes and | 998 |
bounds of those portions, or regulating the order in which they | 999 |
may be added to the condominium property, or both; | 1000 |
(7) A statement of any limitations as to the location of any | 1001 |
improvements that may be made on any portion of the additional | 1002 |
property added to the condominium property, or a statement that | 1003 |
there are no such limitations; | 1004 |
(8) A statement of the maximum number of units that may be | 1005 |
created on the additional property. If portions of the additional | 1006 |
property may be added to the condominium property and the | 1007 |
boundaries of those portions are fixed in accordance with division | 1008 |
(C)(6) of this section, the declaration shall also state the | 1009 |
maximum number of units that may be created on each portion added | 1010 |
to the condominium property. If portions of the additional | 1011 |
property may be added to the condominium property and the | 1012 |
boundaries of those portions are not fixed in accordance with | 1013 |
division (C)(6) of this section, the declaration shall also state | 1014 |
the maximum number of units per acre that may be created on any | 1015 |
portion added to the condominium property. | 1016 |
(9) Except in cases where the previously submitted | 1017 |
condominium property contains no units restricted exclusively to | 1018 |
residential use, a statement of the maximum percentage of the | 1019 |
aggregate land and floor area of all units not restricted | 1020 |
exclusively to residential use that may be created on any | 1021 |
additional property or portions of additional property that may be | 1022 |
added to the condominium property; | 1023 |
(10) A statement of the extent to which any structures | 1024 |
erected on any portion of the additional property added to the | 1025 |
condominium property will be compatible with structures on the | 1026 |
submitted property in terms of quality of construction, the | 1027 |
principal materials to be used, and architectural style, or a | 1028 |
statement that the structures need not be compatible in those | 1029 |
terms; | 1030 |
(11) With respect to all improvements to any portion of | 1031 |
additional property added to the condominium property, other than | 1032 |
structures, a statement setting forth both of the following: | 1033 |
(a) A description of the improvements that must be made or a | 1034 |
statement that no other improvements must be made; | 1035 |
(b) Any restrictions or limitations upon the improvements | 1036 |
that may be made or a statement that there are no restrictions or | 1037 |
limitations upon improvements that may be made. | 1038 |
(12) With respect to all units created on any portion of | 1039 |
additional property added to the condominium property, a statement | 1040 |
setting forth both of the following: | 1041 |
(a) Whether all such units must be substantially identical | 1042 |
to units on previously submitted land; | 1043 |
(b) Any limitations as to what types of units may be created | 1044 |
on the additional property or a statement that there are no | 1045 |
limitations. | 1046 |
(13) A description of the declarant's reserved right, if | 1047 |
any, either to create limited common areas and facilities within | 1048 |
any portion of the additional property added to the condominium | 1049 |
property or to designate common areas and facilities within each | 1050 |
portion that may subsequently be assigned as limited common areas | 1051 |
and facilities, in terms of the types, sizes, and maximum number | 1052 |
of
| 1053 |
(14)
| 1054 |
considers appropriate in supplementing the requirements of | 1055 |
divisions (C)(4), (5), (6), (7), (10), (11), (12), and (13) of | 1056 |
this section. | 1057 |
(D) In the case of a leasehold condominium development, the | 1058 |
declaration shall also contain all of the following: | 1059 |
(1) With respect to any ground lease or other leases the | 1060 |
expiration or termination of which will or may terminate or reduce | 1061 |
the amount of the condominium property, a statement setting forth | 1062 |
the county in which the lease is recorded and the volume and page | 1063 |
of the record; | 1064 |
(2) A statement setting forth the date upon which each lease | 1065 |
referred to in division (D)(1) of this section is due to expire; | 1066 |
(3) A statement as to whether any land or improvements of | 1067 |
the condominium property will be owned by the unit owners in fee | 1068 |
simple, and if so, either a description of the land or | 1069 |
improvements, including a legal description by metes and bounds of | 1070 |
the land, or a statement of any rights the unit owners shall have | 1071 |
to remove
| 1072 |
the expiration or termination of the ninety-nine year lease or | 1073 |
leases involved, or a statement that they shall have no such | 1074 |
rights; | 1075 |
(4) A statement of the rights the unit owners have to redeem | 1076 |
the reversion or any of the reversions, or a statement that they | 1077 |
have no such rights; | 1078 |
(5) A statement that, subsequent to the recording of the | 1079 |
declaration, no lessor who executed it, and no successor in | 1080 |
interest to the lessor, have any right or power to terminate any | 1081 |
part of the leasehold interest of any unit owner who makes timely | 1082 |
payment of
| 1083 |
designated in the declaration for the receipt of the rent and who | 1084 |
otherwise complies with all covenants that, if violated, would | 1085 |
entitle the lessor to terminate the lease. | 1086 |
Section 2. That existing sections 317.113, 323.43, 1337.01, | 1087 |
1337.06, 1337.091, 1337.10, 5301.01, 5301.04, 5301.08, 5301.251, | 1088 |
5301.255, 5301.28, 5301.31, 5301.32, 5301.33, 5301.331, 5301.34, | 1089 |
5301.35, 5302.05, 5302.07, 5302.09, 5302.11, 5302.12, 5302.17, | 1090 |
5302.22, 5309.05, 5309.10, 5309.30, 5309.51, 5309.75, and 5311.05 | 1091 |
and section 5301.234 of the Revised Code are hereby repealed. | 1092 |
Section 3. The General Assembly declares its intent that the | 1093 |
amendment made by this act to section 5301.01 of the Revised Code | 1094 |
is retrospective in its operation and is remedial in its | 1095 |
application to instruments described in that section that were | 1096 |
executed or recorded prior to the effective date of this act, | 1097 |
except that the amendment does not affect any substantive rights | 1098 |
or vested rights that came into existence prior to the effective | 1099 |
date of this act. | 1100 |