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OH HB52
Bill
Status
5/11/2018
Primary Sponsor
James Butler
Click for details
AI Summary
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Creates new section 1345.032 to regulate how suppliers solicit fees for providing deed copies to persons with no pre-existing business relationship.
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Requires solicitation documents to display in 24-point type: that the solicitation is not from a public body, no action is legally required, the county recorder's statutory fee, contact information for the county recorder, and the solicitor's name and physical address.
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Prohibits suppliers from charging more than four times the county recorder's fee for a deed copy and requires suppliers to submit solicitation documents to county recorders at least 15 days before distribution.
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Exempts title insurance companies, mortgage lenders and servicers, and real estate brokers or salespersons licensed under Chapter 4735 from these requirements.
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Establishes penalties of up to $100 per solicitation document for first violations and up to $200 per document for subsequent violations under the Unconscionable Consumer Sales Act.
Legislative Description
Regulate solicitation of certain deeds
Commerce
Last Action
Effective 5/11/18
5/11/2018