SlideShare une entreprise Scribd logo
1  sur  4
Télécharger pour lire hors ligne
As Introduced
131st General Assembly
Regular Session S. B. No. 257
2015-2016
Senators Seitz, Skindell
Cosponsor: Senator Eklund
A B I L L
To amend section 5301.07 of the Revised Code to
create a presumption of validity of recorded
real property instruments, reduce the time
period for curing certain defects related to
those instruments, and provide constructive
notice for those instruments.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF OHIO:
Section 1. That section 5301.07 of the Revised Code be
amended to read as follows:
Sec. 5301.07. When any (A) As used in this section, "real
property instrument" means a deed, mortgage, and installment
contract, lease, memorandum of trust, power of attorney, or any
instrument accepted by the county recorder under section 317.08
of the Revised Code.
(B)(1) When a real property instrument conveying real
estate, or any interest therein, is delivered to and accepted by
the county recorder of the county in which the real property
described in the instrument is situated, and is signed and
acknowledged by a person with an interest in the real property,
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
S. B. No. 257 Page 2
As Introduced
the instrument raises both of the following:
(a) A rebuttable presumption that the instrument conveys,
encumbers, or otherwise affects the interest of the person who
signed the instrument;
(b) A rebuttable presumption that it is valid,
enforceable, and effective as if in all respects the instrument
was legally made, executed, acknowledged, and recorded.
(2) The presumptions described in division (B)(1) of this
section may be rebutted by clear and convincing evidence of
fraud, undue influence, duress, forgery, incompetency, or
incapacity.
(C) When a real property instrument is of record for more
than twenty-one four years in the office of the county recorder
of the county within this state in which such the real estate
property described in the instrument is situated, and the record
shows that there is a defect in such the making, execution, or
acknowledgment of the instrument, such instrument and the record
thereof shall be cured of such defect and be effective in all
respects as if such instrument had been legally made, executed,
and acknowledged, if such defect is due to any one or more of
and recorded. The defects may include but are not limited to the
following:
(A) (1) Such instrument was not properly witnessed.
(B) (2) Such instrument contained no certificate of
acknowledgment.
(C) (3) The certificate of acknowledgment was is defective
in any respect.
Any person claiming adversely to such instrument, if not
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
S. B. No. 257 Page 3
As Introduced
already barred by limitation or otherwise, may, at any time
within twenty-one years after the time of recording such
instrument, bring proceedings to contest the effect of such
instrument.
This section does not affect any suit brought prior to
November 9, 1959 in which the validity of the acknowledgment of
any such instrument is drawn in question.
(4) The name of the person with an interest in the real
property does not appear in the granting clause of the
instrument, but the person signed the instrument without
limitation.
(D) A real property instrument when delivered to the
county recorder of the county in which the real property
described in the instrument is situated and filed in the chain
of title to the real property shall be effective and provide
constructive notice to all third parties of the instrument
notwithstanding any defect in the making, execution, or
acknowledgment of the instrument.
(E) This section applies to all real property instruments
notwithstanding any other provision of the Revised Code. This
section controls in the event of a conflict between this section
and section 1301.401 of the Revised Code or any other section of
the Revised Code with respect to any matters addressed in this
section.
(F) This section shall be given retroactive effect to the
fullest extent permitted under Section 28 of Article II, Ohio
Constitution. This section shall not be given retroactive effect
if to do so would affect any accrued substantive right or vested
rights in any person or in any real property instrument.
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
S. B. No. 257 Page 4
As Introduced
Section 2. That existing section 5301.07 of the Revised
Code is hereby repealed.
76
77

Contenu connexe

Tendances

Cda082 fhl confidentiality agreement mutual - nick mayall (generic)
Cda082 fhl confidentiality agreement   mutual - nick mayall (generic)Cda082 fhl confidentiality agreement   mutual - nick mayall (generic)
Cda082 fhl confidentiality agreement mutual - nick mayall (generic)
Nick Mayall
 
B 42 -_2012_-_broad-based_black_economic_empowerment_ab(1)
B 42 -_2012_-_broad-based_black_economic_empowerment_ab(1)B 42 -_2012_-_broad-based_black_economic_empowerment_ab(1)
B 42 -_2012_-_broad-based_black_economic_empowerment_ab(1)
Dr Lendy Spires
 
Document Number Contract For Legal Services This Contract For Legal
Document Number Contract For Legal Services This Contract For LegalDocument Number Contract For Legal Services This Contract For Legal
Document Number Contract For Legal Services This Contract For Legal
legal2
 
re22DocumentRegistrationAgreement
re22DocumentRegistrationAgreementre22DocumentRegistrationAgreement
re22DocumentRegistrationAgreement
Karen Alridge
 
Contract for consultancy services time based - b5 obligations of the client
Contract for consultancy services   time based - b5 obligations of the clientContract for consultancy services   time based - b5 obligations of the client
Contract for consultancy services time based - b5 obligations of the client
Joy Irman
 

Tendances (19)

Negotiable instrument
Negotiable instrumentNegotiable instrument
Negotiable instrument
 
Chapter 7 Bankruptcy Laws
Chapter 7 Bankruptcy LawsChapter 7 Bankruptcy Laws
Chapter 7 Bankruptcy Laws
 
Steven Duesing, Nicole Mathis, Blain Gowing, et. al. v. The Attorney General ...
Steven Duesing, Nicole Mathis, Blain Gowing, et. al. v. The Attorney General ...Steven Duesing, Nicole Mathis, Blain Gowing, et. al. v. The Attorney General ...
Steven Duesing, Nicole Mathis, Blain Gowing, et. al. v. The Attorney General ...
 
20. content beyond the syllabus
20. content beyond the syllabus20. content beyond the syllabus
20. content beyond the syllabus
 
Bank van prins Lorenz krijgt boete van 1.556.000 USD
Bank van prins Lorenz krijgt boete van 1.556.000 USD Bank van prins Lorenz krijgt boete van 1.556.000 USD
Bank van prins Lorenz krijgt boete van 1.556.000 USD
 
Cda082 fhl confidentiality agreement mutual - nick mayall (generic)
Cda082 fhl confidentiality agreement   mutual - nick mayall (generic)Cda082 fhl confidentiality agreement   mutual - nick mayall (generic)
Cda082 fhl confidentiality agreement mutual - nick mayall (generic)
 
The Justice Centre - Legal challenge. File No. CI 20-01-29284
The Justice Centre - Legal challenge. File No. CI 20-01-29284The Justice Centre - Legal challenge. File No. CI 20-01-29284
The Justice Centre - Legal challenge. File No. CI 20-01-29284
 
Steven Duesing, Nicole Mathis v. The Attorney General of Canada
Steven Duesing, Nicole Mathis v. The Attorney General of CanadaSteven Duesing, Nicole Mathis v. The Attorney General of Canada
Steven Duesing, Nicole Mathis v. The Attorney General of Canada
 
B 42 -_2012_-_broad-based_black_economic_empowerment_ab(1)
B 42 -_2012_-_broad-based_black_economic_empowerment_ab(1)B 42 -_2012_-_broad-based_black_economic_empowerment_ab(1)
B 42 -_2012_-_broad-based_black_economic_empowerment_ab(1)
 
Document Number Contract For Legal Services This Contract For Legal
Document Number Contract For Legal Services This Contract For LegalDocument Number Contract For Legal Services This Contract For Legal
Document Number Contract For Legal Services This Contract For Legal
 
Concentra agreement
Concentra agreementConcentra agreement
Concentra agreement
 
2017 text-of-regulations
2017 text-of-regulations2017 text-of-regulations
2017 text-of-regulations
 
Contract 15 - 01 - en
Contract   15 - 01 - enContract   15 - 01 - en
Contract 15 - 01 - en
 
FRM4-CC
FRM4-CCFRM4-CC
FRM4-CC
 
The GPS Act
The GPS ActThe GPS Act
The GPS Act
 
re22DocumentRegistrationAgreement
re22DocumentRegistrationAgreementre22DocumentRegistrationAgreement
re22DocumentRegistrationAgreement
 
Maharashtra government servants regulation of maha notif2006170809
Maharashtra government servants regulation of maha notif2006170809Maharashtra government servants regulation of maha notif2006170809
Maharashtra government servants regulation of maha notif2006170809
 
PA Notary Law
PA Notary Law PA Notary Law
PA Notary Law
 
Contract for consultancy services time based - b5 obligations of the client
Contract for consultancy services   time based - b5 obligations of the clientContract for consultancy services   time based - b5 obligations of the client
Contract for consultancy services time based - b5 obligations of the client
 

En vedette

GEORGE_BROWN_COLLEGE_BRANDING_REFERENCE_LETTER_LEANNE_ROBSON (4)
GEORGE_BROWN_COLLEGE_BRANDING_REFERENCE_LETTER_LEANNE_ROBSON (4)GEORGE_BROWN_COLLEGE_BRANDING_REFERENCE_LETTER_LEANNE_ROBSON (4)
GEORGE_BROWN_COLLEGE_BRANDING_REFERENCE_LETTER_LEANNE_ROBSON (4)
Leanne Robson
 

En vedette (15)

Декларация главы Заводского района Запорожья Андрея Баева
Декларация главы Заводского района Запорожья Андрея БаеваДекларация главы Заводского района Запорожья Андрея Баева
Декларация главы Заводского района Запорожья Андрея Баева
 
Vikash_cv
Vikash_cvVikash_cv
Vikash_cv
 
Результати атестації ГУНП в Запорізькій області
Результати атестації ГУНП в Запорізькій областіРезультати атестації ГУНП в Запорізькій області
Результати атестації ГУНП в Запорізькій області
 
Plans for the development of villages.
Plans for the development of villages.Plans for the development of villages.
Plans for the development of villages.
 
Overview of the Northeast Power Market w/ S&P
Overview of the Northeast Power Market w/ S&POverview of the Northeast Power Market w/ S&P
Overview of the Northeast Power Market w/ S&P
 
Ley de vertimientos
Ley de vertimientosLey de vertimientos
Ley de vertimientos
 
Quarterly legislative action update: Marcellus and Utica shale region
Quarterly legislative action update: Marcellus and Utica shale regionQuarterly legislative action update: Marcellus and Utica shale region
Quarterly legislative action update: Marcellus and Utica shale region
 
Reserva de-la-biosfera-montes-azules
Reserva de-la-biosfera-montes-azulesReserva de-la-biosfera-montes-azules
Reserva de-la-biosfera-montes-azules
 
GEORGE_BROWN_COLLEGE_BRANDING_REFERENCE_LETTER_LEANNE_ROBSON (4)
GEORGE_BROWN_COLLEGE_BRANDING_REFERENCE_LETTER_LEANNE_ROBSON (4)GEORGE_BROWN_COLLEGE_BRANDING_REFERENCE_LETTER_LEANNE_ROBSON (4)
GEORGE_BROWN_COLLEGE_BRANDING_REFERENCE_LETTER_LEANNE_ROBSON (4)
 
Компенсация перевозчикам в Запорожье
Компенсация перевозчикам в ЗапорожьеКомпенсация перевозчикам в Запорожье
Компенсация перевозчикам в Запорожье
 
Ley Federal de Responsabilidad Ambiental
Ley Federal de Responsabilidad AmbientalLey Federal de Responsabilidad Ambiental
Ley Federal de Responsabilidad Ambiental
 
Anteproyecto Viviendas Abandonadas
Anteproyecto Viviendas AbandonadasAnteproyecto Viviendas Abandonadas
Anteproyecto Viviendas Abandonadas
 
Autobiografia
AutobiografiaAutobiografia
Autobiografia
 
EIA Report: Trends in U.S. Oil and Natural Gas Upstream Costs
EIA Report: Trends in U.S. Oil and Natural Gas Upstream CostsEIA Report: Trends in U.S. Oil and Natural Gas Upstream Costs
EIA Report: Trends in U.S. Oil and Natural Gas Upstream Costs
 
Ernst & Young: Capitalizing on opportunities - Private equity investment in o...
Ernst & Young: Capitalizing on opportunities - Private equity investment in o...Ernst & Young: Capitalizing on opportunities - Private equity investment in o...
Ernst & Young: Capitalizing on opportunities - Private equity investment in o...
 

Similaire à Ohio Senate Bill 257 - Updates Real Property Code, Impacts Oil and Gas Rights

Public Liability Insurance Act 1991.pptx
Public Liability Insurance Act 1991.pptxPublic Liability Insurance Act 1991.pptx
Public Liability Insurance Act 1991.pptx
thanga2
 
The public liability insurance act, 1991
The public liability insurance act, 1991The public liability insurance act, 1991
The public liability insurance act, 1991
Siddharth Laxman
 
Notaries as amended chapter 110
Notaries as amended chapter 110Notaries as amended chapter 110
Notaries as amended chapter 110
awasalam
 
LAND LAW 1 slides registration of dealings 2014
LAND LAW 1 slides registration of dealings 2014LAND LAW 1 slides registration of dealings 2014
LAND LAW 1 slides registration of dealings 2014
xareejx
 
Convention on the Recognition and Enforcement of Foreign Arbitral Awards
Convention on the Recognition and Enforcement of Foreign Arbitral AwardsConvention on the Recognition and Enforcement of Foreign Arbitral Awards
Convention on the Recognition and Enforcement of Foreign Arbitral Awards
Viktor Ageyev
 
Salient features of the notarial law
Salient features of the notarial lawSalient features of the notarial law
Salient features of the notarial law
FayeRisonar
 
20. water (prevention and control of pollution) cess act, 1977
20. water (prevention and control of pollution) cess act, 197720. water (prevention and control of pollution) cess act, 1977
20. water (prevention and control of pollution) cess act, 1977
Naman Verma
 

Similaire à Ohio Senate Bill 257 - Updates Real Property Code, Impacts Oil and Gas Rights (20)

Transfer of property act,1882
Transfer of property act,1882Transfer of property act,1882
Transfer of property act,1882
 
The UP Apartment Rules, 2011
The UP Apartment Rules, 2011The UP Apartment Rules, 2011
The UP Apartment Rules, 2011
 
Bill No. 28-0087 Uniform Probate Code
Bill No. 28-0087 Uniform Probate CodeBill No. 28-0087 Uniform Probate Code
Bill No. 28-0087 Uniform Probate Code
 
Registration Act, 1908
Registration Act, 1908Registration Act, 1908
Registration Act, 1908
 
Public Liability Insurance Act 1991.pptx
Public Liability Insurance Act 1991.pptxPublic Liability Insurance Act 1991.pptx
Public Liability Insurance Act 1991.pptx
 
Formation of cooperative society
Formation of cooperative societyFormation of cooperative society
Formation of cooperative society
 
The public liability insurance act, 1991
The public liability insurance act, 1991The public liability insurance act, 1991
The public liability insurance act, 1991
 
Senate Bill 287 Amendments
Senate Bill 287 AmendmentsSenate Bill 287 Amendments
Senate Bill 287 Amendments
 
2013 mutual aid_city_of_mc_kinney_fire_department_and_collin_county
2013 mutual aid_city_of_mc_kinney_fire_department_and_collin_county2013 mutual aid_city_of_mc_kinney_fire_department_and_collin_county
2013 mutual aid_city_of_mc_kinney_fire_department_and_collin_county
 
786786 consolidated partition law
786786 consolidated partition law786786 consolidated partition law
786786 consolidated partition law
 
Notaries as amended chapter 110
Notaries as amended chapter 110Notaries as amended chapter 110
Notaries as amended chapter 110
 
Indian registration act 1908.bose
Indian registration act 1908.boseIndian registration act 1908.bose
Indian registration act 1908.bose
 
LAND LAW 1 slides registration of dealings 2014
LAND LAW 1 slides registration of dealings 2014LAND LAW 1 slides registration of dealings 2014
LAND LAW 1 slides registration of dealings 2014
 
Convention on the Recognition and Enforcement of Foreign Arbitral Awards
Convention on the Recognition and Enforcement of Foreign Arbitral AwardsConvention on the Recognition and Enforcement of Foreign Arbitral Awards
Convention on the Recognition and Enforcement of Foreign Arbitral Awards
 
FIRM_31-ASSIGN-TYPES_OF_OVERRIDING_INTERESTSIN_LAND[1]-1.pptx
FIRM_31-ASSIGN-TYPES_OF_OVERRIDING_INTERESTSIN_LAND[1]-1.pptxFIRM_31-ASSIGN-TYPES_OF_OVERRIDING_INTERESTSIN_LAND[1]-1.pptx
FIRM_31-ASSIGN-TYPES_OF_OVERRIDING_INTERESTSIN_LAND[1]-1.pptx
 
Salient features of the notarial law
Salient features of the notarial lawSalient features of the notarial law
Salient features of the notarial law
 
Еxhibit
ЕxhibitЕxhibit
Еxhibit
 
Ohio House Bill 422 - New Regulations for Class II Injection Wells
Ohio House Bill 422 - New Regulations for Class II Injection WellsOhio House Bill 422 - New Regulations for Class II Injection Wells
Ohio House Bill 422 - New Regulations for Class II Injection Wells
 
20. water (prevention and control of pollution) cess act, 1977
20. water (prevention and control of pollution) cess act, 197720. water (prevention and control of pollution) cess act, 1977
20. water (prevention and control of pollution) cess act, 1977
 
Powers of Attorney.ppt
Powers of Attorney.pptPowers of Attorney.ppt
Powers of Attorney.ppt
 

Plus de Marcellus Drilling News

Plus de Marcellus Drilling News (20)

Five facts about shale: it’s coming back, and coming back strong
Five facts about shale: it’s coming back, and coming back strongFive facts about shale: it’s coming back, and coming back strong
Five facts about shale: it’s coming back, and coming back strong
 
Quarterly legislative action update: Marcellus and Utica shale region (4Q16)
Quarterly legislative action update: Marcellus and Utica shale region (4Q16)Quarterly legislative action update: Marcellus and Utica shale region (4Q16)
Quarterly legislative action update: Marcellus and Utica shale region (4Q16)
 
Access Northeast Pipeline Project - Dec 2016 Update
Access Northeast Pipeline Project - Dec 2016 UpdateAccess Northeast Pipeline Project - Dec 2016 Update
Access Northeast Pipeline Project - Dec 2016 Update
 
Rover Pipeline Letter to FERC Requesting Final Certificate
Rover Pipeline Letter to FERC Requesting Final CertificateRover Pipeline Letter to FERC Requesting Final Certificate
Rover Pipeline Letter to FERC Requesting Final Certificate
 
DOE Order Granting Elba Island LNG Right to Export to Non-FTA Countries
DOE Order Granting Elba Island LNG Right to Export to Non-FTA CountriesDOE Order Granting Elba Island LNG Right to Export to Non-FTA Countries
DOE Order Granting Elba Island LNG Right to Export to Non-FTA Countries
 
LSE Study: Fracking is Revitalizing U.S. Manufacturing
LSE Study: Fracking is Revitalizing U.S. ManufacturingLSE Study: Fracking is Revitalizing U.S. Manufacturing
LSE Study: Fracking is Revitalizing U.S. Manufacturing
 
Letter From 24 States Asking Trump & Congress to Withdraw the Unlawful Clean ...
Letter From 24 States Asking Trump & Congress to Withdraw the Unlawful Clean ...Letter From 24 States Asking Trump & Congress to Withdraw the Unlawful Clean ...
Letter From 24 States Asking Trump & Congress to Withdraw the Unlawful Clean ...
 
Report: New U.S. Power Costs: by County, with Environmental Externalities
Report: New U.S. Power Costs: by County, with Environmental ExternalitiesReport: New U.S. Power Costs: by County, with Environmental Externalities
Report: New U.S. Power Costs: by County, with Environmental Externalities
 
U.S. Crude Oil and Natural Gas Proved Reserves, Year-end 2015
U.S. Crude Oil and Natural Gas Proved Reserves, Year-end 2015U.S. Crude Oil and Natural Gas Proved Reserves, Year-end 2015
U.S. Crude Oil and Natural Gas Proved Reserves, Year-end 2015
 
U.S. EIA's Drilling Productivity Report - December 2015
U.S. EIA's Drilling Productivity Report - December 2015U.S. EIA's Drilling Productivity Report - December 2015
U.S. EIA's Drilling Productivity Report - December 2015
 
Velocys Plan to "Build the Business" - Gas-to-Liquids Plants
Velocys Plan to "Build the Business" - Gas-to-Liquids PlantsVelocys Plan to "Build the Business" - Gas-to-Liquids Plants
Velocys Plan to "Build the Business" - Gas-to-Liquids Plants
 
PA DEP Revised Permit for Natural Gas Compression Stations, Processing Plants...
PA DEP Revised Permit for Natural Gas Compression Stations, Processing Plants...PA DEP Revised Permit for Natural Gas Compression Stations, Processing Plants...
PA DEP Revised Permit for Natural Gas Compression Stations, Processing Plants...
 
PA DEP Permit for Unconventional NatGas Well Site Operations and Remote Piggi...
PA DEP Permit for Unconventional NatGas Well Site Operations and Remote Piggi...PA DEP Permit for Unconventional NatGas Well Site Operations and Remote Piggi...
PA DEP Permit for Unconventional NatGas Well Site Operations and Remote Piggi...
 
PA DEP: Methane Reduction Strategies for Natural Gas Operations
PA DEP: Methane Reduction Strategies for Natural Gas OperationsPA DEP: Methane Reduction Strategies for Natural Gas Operations
PA DEP: Methane Reduction Strategies for Natural Gas Operations
 
US EIA's December 2016 Short-Term Energy Outlook
US EIA's December 2016 Short-Term Energy OutlookUS EIA's December 2016 Short-Term Energy Outlook
US EIA's December 2016 Short-Term Energy Outlook
 
Northeast Gas Association's 2016 Statistical Guide
Northeast Gas Association's 2016 Statistical GuideNortheast Gas Association's 2016 Statistical Guide
Northeast Gas Association's 2016 Statistical Guide
 
PA PUC Responses to Auditor General's Act 13 Impact Fee Audit
PA PUC Responses to Auditor General's Act 13 Impact Fee AuditPA PUC Responses to Auditor General's Act 13 Impact Fee Audit
PA PUC Responses to Auditor General's Act 13 Impact Fee Audit
 
Pennsylvania Public Utility Commission Act 13/Impact Fees Audit by PA Auditor...
Pennsylvania Public Utility Commission Act 13/Impact Fees Audit by PA Auditor...Pennsylvania Public Utility Commission Act 13/Impact Fees Audit by PA Auditor...
Pennsylvania Public Utility Commission Act 13/Impact Fees Audit by PA Auditor...
 
Clyde Mine Discharge/Tenmile Creek Water Quality Final Report
Clyde Mine Discharge/Tenmile Creek Water Quality Final ReportClyde Mine Discharge/Tenmile Creek Water Quality Final Report
Clyde Mine Discharge/Tenmile Creek Water Quality Final Report
 
FERC Order Denying Stay of Kinder Morgan's Broad Run Expansion Project
FERC Order Denying Stay of Kinder Morgan's Broad Run Expansion ProjectFERC Order Denying Stay of Kinder Morgan's Broad Run Expansion Project
FERC Order Denying Stay of Kinder Morgan's Broad Run Expansion Project
 

Dernier

THE OBSTACLES THAT IMPEDE THE DEVELOPMENT OF BRAZIL IN THE CONTEMPORARY ERA A...
THE OBSTACLES THAT IMPEDE THE DEVELOPMENT OF BRAZIL IN THE CONTEMPORARY ERA A...THE OBSTACLES THAT IMPEDE THE DEVELOPMENT OF BRAZIL IN THE CONTEMPORARY ERA A...
THE OBSTACLES THAT IMPEDE THE DEVELOPMENT OF BRAZIL IN THE CONTEMPORARY ERA A...
Faga1939
 

Dernier (20)

06052024_First India Newspaper Jaipur.pdf
06052024_First India Newspaper Jaipur.pdf06052024_First India Newspaper Jaipur.pdf
06052024_First India Newspaper Jaipur.pdf
 
*Navigating Electoral Terrain: TDP's Performance under N Chandrababu Naidu's ...
*Navigating Electoral Terrain: TDP's Performance under N Chandrababu Naidu's ...*Navigating Electoral Terrain: TDP's Performance under N Chandrababu Naidu's ...
*Navigating Electoral Terrain: TDP's Performance under N Chandrababu Naidu's ...
 
China's soft power in 21st century .pptx
China's soft power in 21st century   .pptxChina's soft power in 21st century   .pptx
China's soft power in 21st century .pptx
 
Embed-4.pdf lkdiinlajeklhndklheduhuekjdh
Embed-4.pdf lkdiinlajeklhndklheduhuekjdhEmbed-4.pdf lkdiinlajeklhndklheduhuekjdh
Embed-4.pdf lkdiinlajeklhndklheduhuekjdh
 
WhatsApp 📞 8448380779 ✅Call Girls In Chaura Sector 22 ( Noida)
WhatsApp 📞 8448380779 ✅Call Girls In Chaura Sector 22 ( Noida)WhatsApp 📞 8448380779 ✅Call Girls In Chaura Sector 22 ( Noida)
WhatsApp 📞 8448380779 ✅Call Girls In Chaura Sector 22 ( Noida)
 
Transformative Leadership: N Chandrababu Naidu and TDP's Vision for Innovatio...
Transformative Leadership: N Chandrababu Naidu and TDP's Vision for Innovatio...Transformative Leadership: N Chandrababu Naidu and TDP's Vision for Innovatio...
Transformative Leadership: N Chandrababu Naidu and TDP's Vision for Innovatio...
 
THE OBSTACLES THAT IMPEDE THE DEVELOPMENT OF BRAZIL IN THE CONTEMPORARY ERA A...
THE OBSTACLES THAT IMPEDE THE DEVELOPMENT OF BRAZIL IN THE CONTEMPORARY ERA A...THE OBSTACLES THAT IMPEDE THE DEVELOPMENT OF BRAZIL IN THE CONTEMPORARY ERA A...
THE OBSTACLES THAT IMPEDE THE DEVELOPMENT OF BRAZIL IN THE CONTEMPORARY ERA A...
 
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 46 (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 46 (Gurgaon)Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 46 (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 46 (Gurgaon)
 
Politician uddhav thackeray biography- Full Details
Politician uddhav thackeray biography- Full DetailsPolitician uddhav thackeray biography- Full Details
Politician uddhav thackeray biography- Full Details
 
Enjoy Night ≽ 8448380779 ≼ Call Girls In Palam Vihar (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Palam Vihar (Gurgaon)Enjoy Night ≽ 8448380779 ≼ Call Girls In Palam Vihar (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Palam Vihar (Gurgaon)
 
Busty Desi⚡Call Girls in Sector 62 Noida Escorts >༒8448380779 Escort Service
Busty Desi⚡Call Girls in Sector 62 Noida Escorts >༒8448380779 Escort ServiceBusty Desi⚡Call Girls in Sector 62 Noida Escorts >༒8448380779 Escort Service
Busty Desi⚡Call Girls in Sector 62 Noida Escorts >༒8448380779 Escort Service
 
Embed-2 (1).pdfb[k[k[[k[kkkpkdpokkdpkopko
Embed-2 (1).pdfb[k[k[[k[kkkpkdpokkdpkopkoEmbed-2 (1).pdfb[k[k[[k[kkkpkdpokkdpkopko
Embed-2 (1).pdfb[k[k[[k[kkkpkdpokkdpkopko
 
declarationleaders_sd_re_greens_theleft_5.pdf
declarationleaders_sd_re_greens_theleft_5.pdfdeclarationleaders_sd_re_greens_theleft_5.pdf
declarationleaders_sd_re_greens_theleft_5.pdf
 
Group_5_US-China Trade War to understand the trade
Group_5_US-China Trade War to understand the tradeGroup_5_US-China Trade War to understand the trade
Group_5_US-China Trade War to understand the trade
 
04052024_First India Newspaper Jaipur.pdf
04052024_First India Newspaper Jaipur.pdf04052024_First India Newspaper Jaipur.pdf
04052024_First India Newspaper Jaipur.pdf
 
422524114-Patriarchy-Kamla-Bhasin gg.pdf
422524114-Patriarchy-Kamla-Bhasin gg.pdf422524114-Patriarchy-Kamla-Bhasin gg.pdf
422524114-Patriarchy-Kamla-Bhasin gg.pdf
 
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 48 (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 48 (Gurgaon)Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 48 (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 48 (Gurgaon)
 
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 47 (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 47 (Gurgaon)Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 47 (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 47 (Gurgaon)
 
Gujarat-SEBCs.pdf pfpkoopapriorjfperjreie
Gujarat-SEBCs.pdf pfpkoopapriorjfperjreieGujarat-SEBCs.pdf pfpkoopapriorjfperjreie
Gujarat-SEBCs.pdf pfpkoopapriorjfperjreie
 
05052024_First India Newspaper Jaipur.pdf
05052024_First India Newspaper Jaipur.pdf05052024_First India Newspaper Jaipur.pdf
05052024_First India Newspaper Jaipur.pdf
 

Ohio Senate Bill 257 - Updates Real Property Code, Impacts Oil and Gas Rights

  • 1. As Introduced 131st General Assembly Regular Session S. B. No. 257 2015-2016 Senators Seitz, Skindell Cosponsor: Senator Eklund A B I L L To amend section 5301.07 of the Revised Code to create a presumption of validity of recorded real property instruments, reduce the time period for curing certain defects related to those instruments, and provide constructive notice for those instruments. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF OHIO: Section 1. That section 5301.07 of the Revised Code be amended to read as follows: Sec. 5301.07. When any (A) As used in this section, "real property instrument" means a deed, mortgage, and installment contract, lease, memorandum of trust, power of attorney, or any instrument accepted by the county recorder under section 317.08 of the Revised Code. (B)(1) When a real property instrument conveying real estate, or any interest therein, is delivered to and accepted by the county recorder of the county in which the real property described in the instrument is situated, and is signed and acknowledged by a person with an interest in the real property, 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18
  • 2. S. B. No. 257 Page 2 As Introduced the instrument raises both of the following: (a) A rebuttable presumption that the instrument conveys, encumbers, or otherwise affects the interest of the person who signed the instrument; (b) A rebuttable presumption that it is valid, enforceable, and effective as if in all respects the instrument was legally made, executed, acknowledged, and recorded. (2) The presumptions described in division (B)(1) of this section may be rebutted by clear and convincing evidence of fraud, undue influence, duress, forgery, incompetency, or incapacity. (C) When a real property instrument is of record for more than twenty-one four years in the office of the county recorder of the county within this state in which such the real estate property described in the instrument is situated, and the record shows that there is a defect in such the making, execution, or acknowledgment of the instrument, such instrument and the record thereof shall be cured of such defect and be effective in all respects as if such instrument had been legally made, executed, and acknowledged, if such defect is due to any one or more of and recorded. The defects may include but are not limited to the following: (A) (1) Such instrument was not properly witnessed. (B) (2) Such instrument contained no certificate of acknowledgment. (C) (3) The certificate of acknowledgment was is defective in any respect. Any person claiming adversely to such instrument, if not 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46
  • 3. S. B. No. 257 Page 3 As Introduced already barred by limitation or otherwise, may, at any time within twenty-one years after the time of recording such instrument, bring proceedings to contest the effect of such instrument. This section does not affect any suit brought prior to November 9, 1959 in which the validity of the acknowledgment of any such instrument is drawn in question. (4) The name of the person with an interest in the real property does not appear in the granting clause of the instrument, but the person signed the instrument without limitation. (D) A real property instrument when delivered to the county recorder of the county in which the real property described in the instrument is situated and filed in the chain of title to the real property shall be effective and provide constructive notice to all third parties of the instrument notwithstanding any defect in the making, execution, or acknowledgment of the instrument. (E) This section applies to all real property instruments notwithstanding any other provision of the Revised Code. This section controls in the event of a conflict between this section and section 1301.401 of the Revised Code or any other section of the Revised Code with respect to any matters addressed in this section. (F) This section shall be given retroactive effect to the fullest extent permitted under Section 28 of Article II, Ohio Constitution. This section shall not be given retroactive effect if to do so would affect any accrued substantive right or vested rights in any person or in any real property instrument. 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75
  • 4. S. B. No. 257 Page 4 As Introduced Section 2. That existing section 5301.07 of the Revised Code is hereby repealed. 76 77