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Current as of January 01, 2024 | Updated by Findlaw Staff
When buildings located on state land are sold on foreclosure in a delinquent tax suit or in a mortgage foreclosure suit, the state immediately shall transfer to the purchaser of the buildings the lease for the state lands on which the buildings are located or shall cancel the former lease and execute a new lease to the purchaser. If a new lease is executed, it shall be for the same annual rental, contain the same restrictions, and grant the same privileges enjoyed by the former owner, including the privilege of purchasing the land in accordance with section 1501.01 of the Revised Code.
Cite this article: FindLaw.com - Ohio Revised Code Title XV. Conservation of Natural Resources § 1546.13 - last updated January 01, 2024 | https://codes.findlaw.com/oh/title-xv-conservation-of-natural-resources/oh-rev-code-sect-1546-13/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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