« Ohio Supreme Court Rules on Use of Appraisal in Tax Valuation Case | Main | Cleveland City Council Not Likely to Change Tax Abatement Program »

New Law Proposed to Require Recording of Deed After Foreclosure

The Cleveland Plain Dealer reports that state representative Mike Foley has introduced legislation that would require the county sheriff to file a deed following a foreclosure sale to alleviate concerns that some banks intentionally delay filing a deed in order to conceal their ownership of the property. The legislation would also require out-of-town lenders to name a local contact for concerns regarding the property.

About

This page contains a single entry from the blog posted on March 28, 2007 9:13 AM.

The previous post in this blog was Ohio Supreme Court Rules on Use of Appraisal in Tax Valuation Case.

The next post in this blog is Cleveland City Council Not Likely to Change Tax Abatement Program.

Many more can be found on the main index page or by looking through the archives.

Powered by
Movable Type 3.34