Ohio Code § 1349.41
Ohio Code § 1349.41. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 1349.41.
(A) As used in this section: (1) “ Consumer ” means an individual to whom credit is offered or extended primarily for personal,
family, or household purposes. (2) “ Lender ” means a nonbank mortgage lender as defined in section 1345.01 of the Revised Code . “Lender” does not include a person that purchases or is assigned a loan or that functions
solely as the servicer of a loan. (3) “Mortgage” has the same meaning as in section 1322.01 of the Revised Code . (B) A lender shall not engage in a transaction, practice, or course of business that
is not in good faith or fair dealing, or that operates a fraud upon any person, in
connection with the attempted or actual making, purchase, or sale of any mortgage
loan. (C) If a lender fails to comply with division (B) of this section, the affected consumer
may recover damages of not less than all compensation paid directly or indirectly
to the lender from any source, plus reasonable attorney's fees and court costs. (D) The duty created by this section shall not be waived or modified.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 1349.41
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Ohio Revised Code. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Ohio attorney.
Common questions
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What subject does Ohio Revised Code § 1349.41 address?
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Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Ohio source before relying on this text.
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