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OH HB548
Bill
Status
5/15/2024
Primary Sponsor
Beth Lear
Click for details
AI Summary
HB 548 Summary
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Prohibits private selling officers and online auctions in real property foreclosure sales, requiring all judicial and execution sales of real estate to be conducted by county sheriffs at physical courthouses
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Eliminates provisions allowing judgment creditors to request court authorization for private selling officers to conduct foreclosure sales and removes the option for online bidding in real property auctions
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Removes references to private selling officers from execution procedures and limits foreclosure sale locations to county courthouses unless otherwise ordered by the court
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Repeals sections 2329.153, 2329.154, 5302.31, and 5721.372 of the Revised Code that previously authorized online sheriff sales and related procedures
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Amends multiple sections of the Revised Code governing execution sales, appraisals, notices, and foreclosure procedures to remove private officer and online auction options while maintaining other foreclosure mechanisms
Legislative Description
Prohibit certain sales types in real property foreclosure sales
Housing and Real Property
Last Action
Referred to committee: Civil Justice
5/21/2024