Effective: April 7, 2009
Latest Legislation: Senate Bill 353 - 127th General Assembly
(A) When an electing subdivision purchases nonproductive land under section 5722.03 or 5722.04 of the Revised Code, the county auditor shall remove from the auditor's tax lists and duplicates all taxes, assessments, charges, penalties, and interest that are due and payable on the land at the time of the sale in the same manner as if the property had been sold to any other buyer at the foreclosure or forfeiture sale.
(B) The county auditor shall certify to an electing subdivision, other than a county land reutilization corporation, that purchases nonproductive land under section 5722.03 or 5722.04 of the Revised Code a record of all of the taxes, assessments, charges, interest, and penalties that were due on the parcel at the time of the sale; the taxing districts to which they were owed; and the proportion of that amount that was owed to each taxing district. Except with respect to a county land reutilization corporation, the certification shall be used by such an electing subdivision in distributing the proceeds of any sale of the land in accordance with division (C)(1) of section 5722.08 of the Revised Code.
Structure Ohio Revised Code
Chapter 5722 | Land Reutilization Program
Section 5722.01 | Land Reutilization Definitions.
Section 5722.02 | Procedures to Facilitate Reutilization of Nonproductive Land.
Section 5722.03 | Sale of Nonproductive Delinquent Land to Political Subdivision.
Section 5722.031 | Petition to Vacate Transfer of Delinquent Parcel by Electing Subdivision.
Section 5722.05 | Title to Land Incontestable After One Year From Filing of Deed for Record.
Section 5722.06 | Land Management in the Reutilization Program.
Section 5722.07 | Sale of Land Acquired in Land Reutilization Program.
Section 5722.08 | Disposing of Proceeds of Sale.
Section 5722.09 | Committee of Representatives of Taxing Districts.
Section 5722.10 | Accepting Conveyance in Lieu of Foreclosure.
Section 5722.11 | Tax Exemption for Lands Acquired.
Section 5722.12 | Discontinuing Land Reutilization Program.
Section 5722.13 | Public Auction of Land After Fifteen Years.
Section 5722.14 | Nonproductive Land Included in Impacted Cities Project.
Section 5722.15 | Removing of Unpaid Taxes and Assessments After Purchase.
Section 5722.22 | Immunity of Land Reutilization Corporation.