Effective: January 13, 2012
Latest Legislation: Senate Bill 124 - 129th General Assembly
(A) With the consent of all persons entitled to share in an estate upon distribution, the executor, administrator, or administrator with the will annexed may, and upon the request of these persons shall, commence an action in the probate court for authority to sell any part or all of the decedent's real property, even though the real property is not required to be sold to pay debts or legacies. A guardian may make a request under this division, or give consent, on behalf of the guardian's ward.
(B) An executor, administrator, or administrator with the will annexed may commence an action in the probate court, on the executor or administrator's own motion, to sell any part or all of the decedent's real property, even though the real property is not required to be sold to pay debts or legacies. The court shall not issue an order of sale in the action unless one of the categories specified in divisions (B)(1)(a), (b), and (c), (B)(2)(a), (b), and (c), and (B)(3) of this section applies:
(1)(a) At least fifty per cent of all the persons interested in the real property proposed to be sold have consented to the sale.
(b) Prior to the issuance of the order, no written objection is filed with the court by any person or persons who hold aggregate interests in the interest of the decedent in the real property proposed to be sold, that total in excess of twenty-five per cent.
(c) The court determines that the sale is in the best interest of the decedent's estate.
(2)(a) No person's interest in the interest of the decedent in the real property proposed to be sold exceeds ten per cent.
(b) Prior to the issuance of the order, no written objection is filed with the court by any person or persons who hold aggregate interests in the interest of the decedent in the real property proposed to be sold, that total in excess of twenty-five per cent.
(c) The court determines that the sale is in the best interest of the decedent's estate.
(3) The real property proposed to be sold escheats to the state under division (K) of section 2105.06 of the Revised Code.
(C) Notwithstanding any provision of the Revised Code, an executor, administrator, or administrator with the will annexed shall commence an action in the probate court to sell any part or all of the decedent's real property if any person who is entitled to inherit all or part of the real property cannot be found after a due and diligent search. The court shall not issue an order of sale in the action unless the sale is in the best interest of the person who cannot be found and in the best interest of the decedent's estate.
If a sale is ordered under this division, the costs of its administration shall be taken from the proceeds of the sale.
(D) A surviving spouse who is an executor or administrator of the decedent spouse's estate is not disqualified, by reason of being executor or administrator, as a person to whom a parcel of real property may be sold pursuant to this section.
Structure Ohio Revised Code
Title 21 | Courts-Probate-Juvenile
Section 2127.01 | Sale of Lands by Executors and Administrators.
Section 2127.011 | Disposition of Real Property.
Section 2127.012 | Disposal of Real Estate.
Section 2127.02 | Payment of Debts.
Section 2127.03 | Payment of Legacies.
Section 2127.04 | Action for Authority to Sell Real Property.
Section 2127.05 | Guardian May Sell.
Section 2127.06 | Successor Fiduciary Shall Complete Sale Proceedings.
Section 2127.07 | Real Property Subject to Sale.
Section 2127.08 | Fractional Interests - Sale of Entire Interest.
Section 2127.10 | Action to Sell Real Property.
Section 2127.11 | Summary Proceeding if Value of Land Less Than $3,000.
Section 2127.12 | Necessary Parties in Sale by Executor or Administrator.
Section 2127.13 | Necessary Parties in Sale by Guardian.
Section 2127.14 | Service of Summons.
Section 2127.15 | Pleadings and Procedure.
Section 2127.16 | Sale to Be Free of Dower.
Section 2127.17 | Costs When There Are Objections to Granting Order for Sale.
Section 2127.18 | Equities and Priorities.
Section 2127.19 | Release of Liens.
Section 2127.20 | Sale Subject to Mortgage.
Section 2127.21 | Complaint of Guardian to Have Land Laid Out in Town Lots.
Section 2127.22 | Appraisement May Be Dispensed With - New Appraisement - Appraisers.
Section 2127.23 | Agreement of Appraisers.
Section 2127.24 | Vacancy in Appraisers.
Section 2127.25 | Compensation of Appraisers.
Section 2127.27 | Additional Bond Before Sale.
Section 2127.28 | Expense of Sale.
Section 2127.29 | Order of Sale.
Section 2127.30 | Order of Sale When an Equitable Estate Is Included.
Section 2127.31 | Persons Interested May Give Bond to Prevent Sale.
Section 2127.32 | Public or Private Sale.
Section 2127.33 | Price at Which Real Property May Be Sold.
Section 2127.34 | Terms of Sale.
Section 2127.35 | Confirmation of Sale - Deed.
Section 2127.36 | Security for Deferred Payments.
Section 2127.37 | Compensation of Executor, Administrator, or Guardian.
Section 2127.38 | Distribution of Money Received From Sale of Real Property.
Section 2127.39 | When Proceeds of Sale Marshaled in Conformity With Will.
Section 2127.42 | Sale of Lands of Foreign Wards.
Section 2127.43 | Sale of Real Property by Trustees of Nonresidents.