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H. B. No. 279 As IntroducedAs Introduced
124th General Assembly | Regular Session | 2001-2002 |
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REPRESENTATIVES Faber, Cates, Schaffer, Seitz, G. Smith, Kearns
A BILL
| To amend sections 1337.01, 1337.06, 1337.10, 5301.01, | 1 |
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5301.04, 5301.08, 5301.251, 5301.255, 5301.32, | 2 |
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5301.33, 5301.331, 5301.34, 5301.35, 5309.51, and | 3 |
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5309.75 and to repeal section 5301.234 of the | 4 |
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Revised Code to eliminate the requirement that | 5 |
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deeds, mortgages, land contracts, leases and | 6 |
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memoranda of leases of real property, memoranda of | 7 |
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trust, certain powers of attorney, and other | 8 |
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recordable instruments and transactions pertaining | 9 |
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to real property be signed and attested to in the | 10 |
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF OHIO:
Section 1. That sections 1337.01, 1337.06, 1337.10, 5301.01, | 12 |
5301.04, 5301.08, 5301.251, 5301.255, 5301.32, 5301.33, 5301.331, | 13 |
5301.34, 5301.35, 5309.51, and 5309.75 of the Revised Code be | 14 |
amended to read as follows: | 15 |
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Sec. 1337.01. A power of attorney for the conveyance, | 16 |
mortgage, or lease of
any interest in real property
must
shall be | 17 |
signed,
attested, acknowledged, and
certified as provided in | 18 |
section 5301.01 of the Revised Code. | 19 |
Sec. 1337.06. A power of attorney for the transfer of | 20 |
personal property or
the transaction of business relating
thereto | 21 |
to the transfer of personal property, in order to be admitted to | 22 |
record as provided in section 1337.07 of the Revised Code,
must | 23 |
shall be signed,
witnessed, and acknowledged in the same manner as | 24 |
deeds and mortgages under
section 5301.01 of the Revised Code. | 25 |
When so executed, acknowledged, and
recorded, a copy of the record | 26 |
thereof, certified by the county recorder, with
his
the recorder's | 27 |
official seal affixed
thereto
to it, shall be
received in all | 28 |
courts and places
within this state as prima-facie evidence of the | 29 |
existence of
such
that instrument
and as conclusive evidence of | 30 |
the existence of
such
that record. | 31 |
Sec. 1337.10. The county recorder shall charge the same
fee | 32 |
for the recording of a power of attorney authorizing the
transfer | 33 |
of personal property or the transaction of business
relating | 34 |
thereto
to the transfer of personal property, the indexing | 35 |
thereof
of that instrument, and for making a
certified copy of the | 36 |
record of
such
the instrument,
as he
that the
recorder is allowed | 37 |
by section 317.32 of the Revised Code to charge for
like
similar | 38 |
services
in regard to other instruments. | 39 |
In a county in which the county recorder has determined to | 40 |
use the microfilm process as provided by section 9.01 of the | 41 |
Revised Code, the recorder may require that all cancellations, | 42 |
releases, or other actions affecting recorded powers of attorney | 43 |
be by separate instrument, signed, witnessed, and acknowledged as | 44 |
provided by section 5301.01 of the Revised Code. The original | 45 |
instrument bearing the proper endorsement may be used as
such
that | 46 |
separate instrument. Any
such cancellations, releases, or other | 47 |
actions
described in this section shall be recorded in the books | 48 |
in which the powers of
attorney were recorded. The fee for
such | 49 |
recordation shall be as
set forth in this section. | 50 |
Sec. 5301.01. A deed, mortgage, land contract as referred to | 51 |
in division
(B)(2) of section 317.08 of the Revised Code, or lease | 52 |
of any interest in real
property and a memorandum of trust as | 53 |
described in division (A) of section
5301.255 of the Revised Code | 54 |
shall be signed by the grantor, mortgagor,
vendor, or lessor in | 55 |
the case of a deed, mortgage, land contract, or lease or
shall be | 56 |
signed by the settlor and trustee in the case of a memorandum of | 57 |
trust.
The signing shall be acknowledged by the grantor, | 58 |
mortgagor, vendor,
or lessor, or by the settlor and trustee, in | 59 |
the presence of two witnesses,
who shall attest the signing and | 60 |
subscribe their names to the attestation.
The signing shall be | 61 |
acknowledged by the grantor, mortgagor, vendor, or
lessor, or by | 62 |
the settlor and trustee, before a judge or clerk of a court of | 63 |
record in this state, or a county auditor, county engineer, notary | 64 |
public, or
mayor, who shall certify the acknowledgement and | 65 |
subscribe
his
the
official's name to the
certificate of the | 66 |
acknowledgement. | 67 |
Sec. 5301.04. A deed, mortgage, or lease of any interest of | 68 |
a married person
in real property
must
shall be signed,
attested, | 69 |
acknowledged, and certified as
provided in section 5301.01 of the | 70 |
Revised Code. | 71 |
Sec. 5301.08. Sections 5301.01 to 5301.45, inclusive, of the | 72 |
Revised Code do
not affect the validity of any lease of lands | 73 |
appropriated by congress for the
support of schools or for | 74 |
ministerial purposes for any term not exceeding ten
years or of | 75 |
any other lands for any term not exceeding three years or require | 76 |
such
that lease to be
attested, acknowledged, or recorded. | 77 |
Sec. 5301.251. In lieu of the recording of a lease, there | 78 |
may be recorded a
memorandum of
such
that lease, executed, | 79 |
attested, and acknowledged in accordance
with section 5301.01 of | 80 |
the Revised Code
which. The memorandum of lease shall contain the | 81 |
names of
the
lessor and the lessee and their addresses as set | 82 |
forth in
said
the lease, a
reference to
such
the lease with its | 83 |
date of
execution, a description of the
leased
premises with such | 84 |
certainty as to identify the property, including the
reference | 85 |
provided for in section 5301.011 of the Revised Code,
and the term | 86 |
of
the lease, together with any rights of renewal or extension | 87 |
thereof
of the lease, and the
date of commencement of the term or | 88 |
the manner of determining the
same
commencement of the term as set | 89 |
forth in
such
the lease. | 90 |
A memorandum of lease
thus
that is entitled to be
so recorded | 91 |
may also
may set forth any
other
provisions contained in the | 92 |
lease, or the substance
thereof
of those provisions, and shall be | 93 |
constructive notice of only that information contained in
such
the | 94 |
memorandum. | 95 |
Sections 317.08, 5301.251, and 5301.33 of the Revised Code | 96 |
shall not be
construed to affect the
enforcibility
enforceability, | 97 |
validity, or
legal effect of instruments
recorded in
said
those | 98 |
lease records prior to August 9, 1963. | 99 |
Sec. 5301.255. (A) A memorandum of trust that satisfies | 100 |
both of the following may be presented for recordation in the | 101 |
office of the county recorder of any county in which real
property | 102 |
that is subject to the trust is located: | 103 |
(1) The memorandum shall be executed by the settlor and | 104 |
trustee of the trust, attested by witnesses, and acknowledged by | 105 |
the settlor and trustee of the trust in accordance with section | 106 |
5301.01 of the Revised Code. | 107 |
(2) The memorandum shall state all of the following: | 108 |
(a) The names and addresses of the settlor and trustee of | 109 |
the trust; | 110 |
(b) The date of execution of the trust; | 111 |
(c) The powers specified in the trust relative to the | 112 |
acquisition, sale, or encumbering of real property by the trustee | 113 |
or the conveyance of real property by the trustee, and any | 114 |
restrictions upon those powers. | 115 |
(B) A memorandum of trust that satisfies divisions (A)(1) | 116 |
and (2) of this section also may set forth the substance or
actual | 117 |
text of provisions of the trust that are not described in
those | 118 |
divisions. | 119 |
(C) A memorandum of trust that satisfies divisions (A)(1) | 120 |
and (2) of this section shall constitute notice only of the | 121 |
information contained in it. | 122 |
(D) Upon the presentation for recordation of a memorandum
of | 123 |
trust that satisfies divisions (A)(1) and (2) of this section
and | 124 |
the payment of the requisite fee prescribed in section 317.32
of | 125 |
the Revised Code, a county recorder shall record the
memorandum of | 126 |
trust as follows: | 127 |
(1) Unless division (D)(2) of this section applies, in the | 128 |
record of deeds described in division (A) of section 317.08 of
the | 129 |
Revised Code, if the memorandum of trust describes specific
real | 130 |
property, or in the record of powers of attorney described
in | 131 |
division (C) of that section, if the memorandum of trust does
not | 132 |
describe specific real property; | 133 |
(2) If the county recorder records instruments in
accordance | 134 |
with division (F) of section 317.08 of the Revised
Code, in the | 135 |
official records described in that division. | 136 |
Sec. 5301.32. A mortgage may be assigned or partially | 137 |
released by a separate instrument of assignment or partial | 138 |
release, acknowledged
and witnessed as provided by section
5301.01 | 139 |
of the Revised Code. The separate instrument of
assignment or | 140 |
partial release shall be recorded in the book
provided by section | 141 |
5301.34 of the Revised Code for the recording
of satisfactions of | 142 |
mortgages, and the. The county recorder shall be
entitled to | 143 |
charge the fee for that recording as provided by
section 317.32 of | 144 |
the Revised Code for recording deeds. The signature of a
person | 145 |
on the assignment or partial release may
be a facsimile of that | 146 |
person's signature. A facsimile of a signature on an
assignment | 147 |
or partial release is equivalent to and constitutes the written | 148 |
signature of the
person for all requirements regarding mortgage | 149 |
assignments or partial
releases. | 150 |
In a county in which the recorder has determined to use the | 151 |
microfilm process as provided by section 9.01 of the Revised
Code, | 152 |
the recorder may require that all assignments and partial
releases | 153 |
of mortgages be by separate instruments. The original
instrument | 154 |
bearing the proper endorsement may be used as the
separate | 155 |
instrument. | 156 |
An assignment of a mortgage shall contain the then current | 157 |
mailing address of the assignee. | 158 |
Sec. 5301.33. Except in counties where deeds or other | 159 |
separate instruments
are
required as provided in this section, a | 160 |
lease, whether or not renewable
forever,
which
that is recorded in | 161 |
any county recorder's office, may be canceled or
partially | 162 |
released by the lessor and lessee, or assigned by either of them, | 163 |
by
writing
such
the cancellation, partial release, or assignment | 164 |
on the original
lease, or upon the margin of the record
thereof
of | 165 |
the original lease, and
by signing it.
Such
That
cancellation, | 166 |
partial release, or assignment need not be
witnessed or | 167 |
acknowledged, but if written on the margin of the record, the | 168 |
signing
thereof
must
shall be attested to by the recorder.
Such | 169 |
The assignment by the lessee, whether
it
is upon the lease, or | 170 |
upon the margin of the record
thereof
of the lease, or by separate | 171 |
instrument, shall transfer all interest held by the lessee under | 172 |
the lease in
the premises described
therein
in the lease, unless | 173 |
otherwise stated in the lease or in the
assignment. For copying | 174 |
such
the cancellation, partial release, or assignment
upon
the | 175 |
margin of the record, if written upon the original instrument, or | 176 |
for
attesting it, if written upon the margin of the record, the | 177 |
recorder shall
charge the fee provided by section 317.32 of the | 178 |
Revised Code for recording
the
assignment and satisfaction of | 179 |
mortgages. | 180 |
A lease, whether or not renewable forever,
which
that is | 181 |
recorded in any county
recorder's office,
may also
may be | 182 |
canceled, partially released, or assigned by
deed or by other | 183 |
separate instrument acknowledged
and witnessed as provided in | 184 |
section 5301.01 of the Revised Code. Unless in the form of a | 185 |
deed, a separate
instrument of cancellation, partial release, or | 186 |
assignment shall be recorded
in
the record of leases provided for | 187 |
by section 317.08 of the Revised Code
and the. The
recorder shall | 188 |
charge the fee for
such
that recording as provided in section | 189 |
317.32
of the Revised Code for recording deeds. | 190 |
When
If a lease has been canceled, partially released, or | 191 |
assigned by deed or by
other separate instrument and
such
that | 192 |
deed or other separate instrument recites
the recorder's file | 193 |
number of the original lease or the volume and page of the
record | 194 |
wherein
in which the original lease is recorded, the recorder | 195 |
shall note on the
margin of the record of the original lease the | 196 |
recorder's file number of
such
the
deed or other separate | 197 |
instrument or the volume and page of the record
wherein
in which | 198 |
the same is recorded. | 199 |
"Lessor" and "lessee" as used in this section include an | 200 |
assignee of the
interest of either. "Lease" as used in this | 201 |
section includes a memorandum of
lease provided for by section | 202 |
5301.251 of the Revised Code. This section does
not permit the | 203 |
assignment of any lease
whose
if the assignment is prohibited by | 204 |
the
terms
thereof
of the lease. | 205 |
In a county in which the county recorder has determined to | 206 |
use the microfilm
process as provided by section 9.01 of the | 207 |
Revised Code, the recorder may
require that all cancellations, | 208 |
partial releases, and assignments of leases be
by deed or other | 209 |
separate instrument. The original instrument bearing the
proper | 210 |
endorsement may be used as such separate instrument. | 211 |
Sec. 5301.331. Except in counties where deeds or other | 212 |
instruments are
required as provided in this section, a land | 213 |
contract
which
that is recorded in the
office of the county | 214 |
recorder may be cancelled, partially released by the
vendor and | 215 |
vendee, or assigned by either of them by writing
such
the | 216 |
cancellation,
partial release, or assignment on the original land | 217 |
contract or upon the
margin
of the record
thereof
of the original | 218 |
land contract, and
by signing it.
Such
That cancellation, partial | 219 |
release, or
assignment need not be
witnessed or acknowledged, but | 220 |
if written on the margin
of the record, the signing
thereof must | 221 |
shall be attested to by the county recorder.
Such
The assignment | 222 |
by the vendee, whether it is on the land contract or upon the | 223 |
margin of the record
thereof
of that contract, or by separate | 224 |
instrument, shall transfer the
right held by the vendee under the | 225 |
land contract in the premises described
therein
in the contract | 226 |
unless otherwise stated in the land contract or in the assignment.
| 227 |
For
copying
such
the cancellation, partial release, or assignment | 228 |
upon the margin of
the record, or for attesting it, if written | 229 |
upon the margin of the record, the
recorder shall charge the fee | 230 |
provided by section 317.32 of the Revised Code
for recording the | 231 |
assignment and satisfaction of mortgages. | 232 |
A land contract
which
that is recorded in the office of the | 233 |
county recorder may
also
be cancelled, partially released, or | 234 |
assigned by deed or by other separate
instrument, acknowledged
and | 235 |
witnessed as provided in section 5301.01 of the
Revised Code. | 236 |
Unless in the form of a deed, a separate instrument of | 237 |
cancellation, partial release, or assignment shall be recorded in | 238 |
the book
provided by section 5301.34 of the Revised Code for | 239 |
recording satisfactions of
mortgages, and the. The recorder shall | 240 |
charge the fee for
such
that record as provided
for in section | 241 |
317.32 of the Revised Code for record fees. | 242 |
When
If a land contract has been cancelled, partially | 243 |
released, or assigned by
deed or other separate instrument, and | 244 |
such
that deed or other separate instrument
recites the recorder's | 245 |
file number of the original land contract or the volume
and page | 246 |
of the record
wherein
in which the original land contract is | 247 |
recorded, the
recorder shall note on the margin of the original | 248 |
land contract the recorder's
file number of
such
the deed or other | 249 |
separate instrument or the volume and page of
the record
wherein | 250 |
in which the same is recorded. | 251 |
"Vendor" and "Vendee" as used in this section include an | 252 |
assignee of the
interest of either. This section does not permit | 253 |
the assignment of any land
contract
whose
if the assignment is | 254 |
prohibited by the terms
thereof
of the land contract. | 255 |
In a county where the county recorder has determined to use | 256 |
the microfilm
process as provided by section 9.01 of the Revised | 257 |
Code, the recorder may
require that all cancellations, partial | 258 |
releases, and assignments of land
contracts be by deed or other | 259 |
separate instrument. The original instrument
bearing the proper | 260 |
endorsement may be used as such separate instrument. | 261 |
Sec. 5301.34. A mortgage
must
shall be discharged upon the | 262 |
record
thereof
of the mortgage by the
county recorder when there | 263 |
is presented to
him
the county
recorder a certificate executed by | 264 |
the
mortgagee or
his
the mortgagee's assigns, acknowledged
and | 265 |
witnessed as
provided in section
5301.01 of the Revised Code, or | 266 |
when there is presented to
him
the
recorder a deed of
release | 267 |
executed by the governor as provided in section 5301.19 of the | 268 |
Revised
Code, certifying that the mortgage has been fully paid and | 269 |
satisfied. In
addition to the discharge on the records by the | 270 |
recorder, such certificate
shall be recorded in a book kept for | 271 |
that purpose by the recorder.
Such
The
recorder is entitled to the | 272 |
fees for such recording as provided by section
317.32 of the | 273 |
Revised Code for recording deeds. | 274 |
Sec. 5301.35. The priority of the lien of a mortgage may be | 275 |
waived to the
extent specified by the holder
thereof
of the lien | 276 |
in favor of any lien, mortgage, lease,
easement, or other interest | 277 |
in the property covered by the mortgage, by
writing
such
the | 278 |
waiver of priority on the original mortgage and signing it, by | 279 |
writing
such
the waiver of priority upon the margin of the record | 280 |
of
said
that mortgage
and signing it, or by a separate instrument | 281 |
acknowledged
and witnessed as
provided by section 5301.01 of the | 282 |
Revised Code.
Such
That waiver, when recorded
upon the margin of | 283 |
the record of
such
the mortgage, or when recorded as a separate | 284 |
instrument, is constructive notice to all persons dealing with | 285 |
either the
property described in
said
that mortgage or the | 286 |
mortgage
itself from the date of
filing
said
the waiver for | 287 |
record.
Such
The waiver, if written upon
said
the mortgage or
upon | 288 |
the margin
of the record
thereof
of the mortgage, need not be | 289 |
acknowledged
or
witnessed,
but if written upon the margin of the | 290 |
record, the
signing
must
shall be attested by
the county recorder. | 291 |
If
said
the waiver of priority is by separate instrument, it | 292 |
shall be recorded in
the book provided by section 5301.34 of the | 293 |
Revised Code for the recording of
satisfactions of mortgages. For | 294 |
such
the recording, the county recorder may
charge the fee as | 295 |
provided by section 317.32 of the Revised Code for recording | 296 |
deeds. For entering any
such waiver of priority upon the margin | 297 |
of the record
of
said
the mortgage, or for attesting it, the | 298 |
recorder is entitled to the fees
for recording
such
those waivers | 299 |
of priority
as
that are charged for assignments or
satisfactions | 300 |
of mortgages under section 317.32 of the Revised Code. | 301 |
In a county in which the county recorder has determined to | 302 |
use the microfilm
process as provided by section 9.01 of the | 303 |
Revised Code, the recorder may
require that all waivers of | 304 |
priority of mortgages be made by separate
instrument. The | 305 |
original instrument bearing the proper
indorsement
endorsement may | 306 |
be
used as such separate instrument. | 307 |
Sec. 5309.51. The holder of any mortgage, encumbrance, | 308 |
lease, charge, or lien
upon registered land may execute to a | 309 |
transferee an assignment for the whole
or
any part
thereof
of the | 310 |
mortgage, encumbrance, lease, charge, or lien, by
indorsement | 311 |
endorsement of
such
the assignment on the original instrument
of | 312 |
encumbrance, the holder's duplicate, the mortgagee's certified | 313 |
copy of a
mortgage, or by a separate instrument
witnessed and | 314 |
acknowledged as required
by
section 5301.01 of the Revised Code. | 315 |
The assignment of
only a part
only must
of the mortgage, | 316 |
encumbrance, lease, charge, or lien shall state
whether the part | 317 |
transferred is to be given priority, be deferred, or rank
equally | 318 |
with the remaining part. When
such
that assignment is filed with | 319 |
the
county
recorder and the assignor produces the instrument of | 320 |
encumbrance
which
he
that the assignor
holds, if
such
that | 321 |
instrument is the original instrument or one of the original | 322 |
duplicates
thereof
of the instrument, and in the case of a | 323 |
mortgage when the assignor produces
the "mortgagee's certified | 324 |
copy," if
such
that copy was issued and delivered, the
recorder, | 325 |
being satisfied that the assignment is properly made and should be | 326 |
registered, shall register
such
the assignment by entering a | 327 |
memorial of the part
transferred,
the date of transfer,
the name, | 328 |
residence, and post-office address of
the
transferee, how
such
the | 329 |
part transferred is to rank with the remaining part, and
the file | 330 |
number upon the register
where such
in which the instrument | 331 |
creating the charge is
registered, and in case of assignment by | 332 |
separate instrument, upon the
original
instrument.
On the | 333 |
instrument of assignment the
The recorder shall
indorse
endorse on | 334 |
the instrument of assignment the
exact time of filing and the | 335 |
volume and folium of the register
where
in which the assignment is | 336 |
registered. If the original instrument of encumbrance, or one of | 337 |
the
duplicates
thereof
of the instrument, is recorded, the | 338 |
assignee
may, on payment of the recorder's
fees
therefor,
may have | 339 |
such
that assignment copied on the margin of the record of the | 340 |
instrument assigned, or copied in a separate volume and noted on | 341 |
the margin of
the record of the instrument assigned, if the | 342 |
recorder keeps any such separate
volume for the record of | 343 |
assignments and
transfer, the
transfers. The record of
such
that | 344 |
assignment
to
shall be noted on the indexes of the instrument | 345 |
assigned. If the
original instrument of encumbrance or one of the | 346 |
original duplicates
thereof
of the instrument,
indorsed
endorsed | 347 |
by the recorder, or a mortgagee's certified copy of the mortgage, | 348 |
is
outstanding in the hands of the encumbrancer, lessee, or their | 349 |
assigns, no
entry or memorial of an assignment or transfer of
such | 350 |
that instrument or security
of any part
thereof
of the instrument | 351 |
shall be made by the recorder without the production of
such
the | 352 |
original instrument, or the
indorsed
endorsed original duplicate | 353 |
thereof
of the instrument, or the
mortgagee's certified copy. | 354 |
Waivers of the priority of lien of mortgages may be | 355 |
registered subject to the
requirements of this section as to | 356 |
assignments. | 357 |
Sec. 5309.75. The deed or instrument constituting a person | 358 |
an attorney in
fact
shall contain: | 359 |
(A) The full name of the party appointing, and of the person | 360 |
appointed, and
the residence and post-office address of each; | 361 |
(B) The number of the outstanding certificate of title, and | 362 |
the volume and
folium of the register; | 363 |
(C) A description of the land, which
that shall be the same | 364 |
as given in the
certificate of title; | 365 |
(D) A brief statement of the powers conferred upon the | 366 |
attorney in fact. | 367 |
Such
That deed or instrument shall be signed by the person | 368 |
making it
and witnessed
and acknowledged as provided in section | 369 |
5301.01 of the Revised Code. | 370 |
Section 2. That existing sections 1337.01, 1337.06, 1337.10, | 371 |
5301.01, 5301.04, 5301.08, 5301.251, 5301.255, 5301.32, 5301.33, | 372 |
5301.331, 5301.34, 5301.35, 5309.51, and 5309.75 and section | 373 |
5301.234 of the Revised Code are hereby repealed. | 374 |
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