A fifth hearing on this Bill was recently conducted at the Ohio House of Representatives during the House Civil and Commercial Law Committee Meeting.

Following is a summary of the bill in its current form.

• require purchasers of real property at a judicial foreclosure sale to provide certain identifying information
• allow municipal corporations to conduct inspections of property subject to a writ of execution
• require judicial foreclosure sales to be confirmed within 30 days of sale
• require officers who sell real property at a judicial foreclosure sale to file a deed within 14 days of confirmation
• authorize courts and county boards of revision to transfer certain tax delinquent lands subject to judicial foreclosure without appraisal or sale
• permit a summary property description to be read at a judicial sale, and 
• offer property that did not sell at a judicial foreclosure sale to a political subdivision before forfeiture to the state
• expands the powers of County Treasurers to provide standing  to bring a civil action in Common Please Court to enforce a tax lien on tax delinquent premises.  That action also may be brought in a municipal court with jurisdiction or in the county board of revision and that the action may be for the sale of the premises (existing law) or the transfer of the premises to an “electing subdivision.
• expands the powers of County Prosecutors  bring a foreclosure action in court in the name of the County Treasurer to state tax liens on delinquent lands or delinquent vacant lands.  The action also may be brought in the County Board of Revision with jurisdiction and that the proceeding may be for the sale of the lands or the transfer of the lands to an “electing subdivision.”

To view the bill in its entirety, please click here.

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Safeguard Properties is the largest privately held field services company in the country. Located in Cleveland, OH  and founded in 1990 by Robert Klein, Safeguard has grown from a regional preservation company with a few employees and a handful of contractors performing services in the Midwest, to a national company with over 425 employees.  Safeguard is supported by a nationwide network of subcontractors able to perform any requested superintendence, preservation, and maintenance functions, as well as numerous ancillary services in the U.S., the Virgin Islands, and Puerto Rico.