Ohio

In State Info by TSL Admin


Primary Sale Type:Tax Deed
ohio
Secondary Type(s):Tax Lien Certificate (select counties only)
Sale Date(s):Annually: set by taxing jurisdiction (Lien)
Varies: set by taxing jurisdiction (Deed)
 
Bid Type:Bidding-Down-Interest (Lien)
Premium Bidding (Deed)
Rate of Return:18% per annum - maximum interest (Lien)
Redemption Period:1 year from date of sale (Lien)
Over-the-Counter:NA
Statute Section(s):OH Revised Code - Title 57 CH 5721, 5723
State Website:www.ohio.gov

State Overview:

There are 88 counties in Ohio.

County Directory

The two most populous areas in Ohio are Cuyahoga (1,393,000+) and Franklin (1,068,000+) County.

Search Demographics:

Only select counties were allowed to hold annual Certificate sales until recent legislation opened up the posibility for any county to opt to host a Tax Certificate sale. Most are still utilizing the Tax Deed system, but this may change over the next few years.

Auction Process / Redemption:

When applicable, Tax Certificate sales are held annually (usually in bulk) on a date scheduled by the individual county. Winning bidders are determined usind the 'Bid Down Interest' method. There is a maximum interest rate of 18% per annum, allowing the homeowner 1 year to redeem their property. Tax Deed sales are held throughout the year and are scheduled once all judgements and foreclosure proceedings have commenced and the local sheriff is given the resulting deed to auction. Said sheriff will then determine a winning bidder using the 'Premium Bid' method. There is no redemption period or interest rate for a Tax Deed.

State Resources:

ResourceDescriptionInstructions and Additional Information
landaccess.comFree records search and view for many OH counties.Click on the name of the county and then click 'start free search'