Senate Bill 257
Presumes recorded real estate instruments valid
To amend sections 5301.07, 5709.40, 5709.73, 5709.77, 5709.78, and 5709.911 of the Revised Code to create a presumption of validity for recorded real property instruments, to reduce the time period for curing certain defects related to those instruments, and to provide constructive notice for those instruments, and to establish a procedure by which political subdivisions proposing a tax increment financing (TIF) incentive district must notify affected property owners and permit them to exclude their property.
Current Version
Effective Date
April 6, 2017
Introduced In House
In House Committee
Reported By Committee
Passed By House
Introduced In Senate
In Senate Committee
Reported By Committee
Passed By Senate
Sent To The Governor
Subjects
Committees
House Judiciary Committee
Senate State and Local Government Committee
Primary Sponsors
William Seitz
Michael J. Skindell
Cosponsors
Senators
Kevin Bacon
Edna Brown
John Eklund
Shannon Jones
Scott Oelslager
Joseph Schiavoni
Charleta B. Tavares
Cecil Thomas
Kenny Yuko
Representatives
Niraj J. Antani
Nickie J. Antonio
John Barnes, Jr.
Louis W. Blessing III
Tony Burkley
Jim Butler
Nicholas Celebrezze
Rick Perales
Jeffery S. Rezabek
Martin J. Sweeney
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