Effective: September 23, 2008
Latest Legislation: House Bill 562 - 127th General Assembly
All interest required under sections 5721.30 to 5721.43 of the Revised Code is simple interest, to be calculated on a principal amount and not compounded on earned interest. The interest charged shall equal one-twelfth of the annual interest rate multiplied by the principal amount. Interest charges under those sections shall accrue on a monthly basis, on the first day of the month following the beginning of the period during which interest accrues and on the first day of each subsequent month. Notwithstanding the preceding sentence, the six per cent charge described in division (E)(1)(b) of section 5721.30 of the Revised Code shall apply even if the tax certificate is redeemed before the first day of the month following the date that the certificate is purchased.
Structure Ohio Revised Code
Chapter 5721 | Delinquent Lands
Section 5721.01 | Delinquent Lands Definitions.
Section 5721.011 | County Auditor to Compile List and Duplicate of Delinquent Lands.
Section 5721.02 | Collection of Delinquent Taxes.
Section 5721.021 | Employing Collectors to Collect Delinquent Taxes.
Section 5721.04 | Apportionment of Expenses of Publishing Delinquent Tax Lists and Display Notices.
Section 5721.06 | Form of Notice.
Section 5721.08 | Certification of Delinquent Lands Omitted From List.
Section 5721.09 | County Auditor to Act as Agent of the State.
Section 5721.11 | Notice to Purchasers of Delinquent Lands.
Section 5721.12 | Delinquent Entry Transferred Each Year.
Section 5721.13 | Delinquent Land Tax Certificate - Master List of Delinquent Tracts.
Section 5721.14 | Foreclosure and Forfeiture Proceedings Against Vacant Lands.
Section 5721.15 | Form of Notices.
Section 5721.16 | Judgment of Foreclosure and Forfeiture - Findings - Order of Sale.
Section 5721.18 | Foreclosure Proceedings on Lien of State.
Section 5721.181 | Substance of Forms.
Section 5721.19 | Finding - Appraisal and Sale.
Section 5721.191 | Form for Advertisement of Sale.
Section 5721.192 | Deficiency Judgment.
Section 5721.20 | Unclaimed Moneys Remaining to Owner.
Section 5721.21 | Validity of Delinquent Land Tax Certificate or Master List of Delinquent Tracts.
Section 5721.22 | Correction of Duplicate When Erroneously Returned Delinquent.
Section 5721.24 | Entry Marked Redeemed Made Upon Tax Duplicate and Delinquent Tax List.
Section 5721.25 | Redemption of Delinquent Land.
Section 5721.26 | Redemption Where Co-Owner Is Not Joined.
Section 5721.27 | Erroneous Charge of Taxes.
Section 5721.28 | Tax Commissioner to Provide Documents.
Section 5721.29 | County Auditor to Keep and Maintain Records.
Section 5721.30 | Tax Certificate Definitions.
Section 5721.31 | Selecting Parcels for Tax Certificate Sales.
Section 5721.32 | Sale of Tax Certificates by Public Auction.
Section 5721.33 | Negotiating Sale of Number of Tax Certificates.
Section 5721.34 | Void Certificate Where Delinquency Previously Satisfied.
Section 5721.36 | Transferring Tax Certificate.
Section 5721.37 | Filing Request for Foreclosure.
Section 5721.371 | Private Attorney's Fees in Tax Certificate Actions.
Section 5721.372 | Private Selling Officer's Fees.
Section 5721.373 | Title Agent's or Title Insurance Company's Fees.
Section 5721.38 | Right to Redeem.
Section 5721.381 | Payment of Certificate Redemption Price Before Foreclosure.
Section 5721.39 | Judgment of Foreclosure.
Section 5721.40 | Forfeiture of Parcel Remaining Unsold After Two Sales.
Section 5721.41 | Interest Charges.
Section 5721.42 | Issuing Additional Tax Certificate Upon Satisfaction of Subsequent Delinquency.
Section 5721.43 | Prohibiting Demand for Payment of Tax Certificate During Year Following Purchase.
Section 5721.46 | Determining Delinquent Taxes Charged Against Minerals Are Uncollectible.