The bill amends sections 317.22 and 319.20 of the Revised Code and enacts a new section, 319.204, which introduces a requirement for the payment of delinquent property taxes and assessments when a lot or tract of real estate is transferred to a new owner. Specifically, the grantor must pay all delinquent taxes that are charged and payable at the time of transfer. However, this requirement does not apply in certain situations, such as when the state or a political subdivision is involved, when the transfer is made by deed in lieu of foreclosure, or when it is made pursuant to a court order or as part of a trust.

Additionally, the bill modifies the existing language in sections 317.22 and 319.20 to include references to the new section 319.204, ensuring that compliance with this new requirement is necessary for the recording of property transfers. The existing sections 317.22 and 319.20 are repealed, and the amendments and new enactments will apply to transfers occurring on or after the effective date of the bill.

Statutes affected:
As Introduced: 317.22, 319.20