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Real Estate Law

Real Estate Law
As an optional assignment for additional consideration in a final grade, you may submit a three to five page review of the Ohio law which permits the county treasurer of the larger counties to sell the County’s tax lien to private parties for the eventual collection of delinquent real estate taxes and assessments. You should compare and contrast this procedure with that of foreclosure by the treasurer for the collection of delinquent taxes, and the effect of these procedures on the liens of mortgagees and other secured creditors.

See: http://www.mcohio.org/government/treasurer/tax_liens.html

Sec. 5721.30 to 5721.42, Ohio Revised Code.

Among the issues you may want to consider is the protections (or lack of
protections) for the property owner in a tax sale compared to the protection afforded by a mortgage foreclosure

 

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