Ohio Code § 501.09
Ohio Code § 501.09. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 501.09.
The lessee of land appropriated for ministerial purposes which land is leased for
ninety-nine years, renewable forever, or the lessee of such land the lease of which
has been renewed for a like term may purchase the fee simple title to the land for
an amount equal to the rent for one year. The receipt of all rents due and an amount equal to the rent for one year from a
lessee is deemed an offer to purchase the land, which offer the board of education
of the school district for whose benefit the land has been allocated shall accept. The school board shall cancel the lease and prepare a deed in fee simple to the
land, which the governor shall execute and the secretary of state shall countersign. The lessee of land appropriated for school purposes which land is leased for ninety-nine
years, renewable forever, or the lessee of land the lease of which has been renewed
for a like term may purchase the fee simple title to the land for an amount equal
to the quotient of the annual rent divided by five one-hundredths. Upon receipt of that amount, if all unpaid rent due from the lessee for past years
has been paid, the school board shall cancel the lease, and the department of administrative
services shall prepare a deed in fee simple to the land, which the governor shall
execute and the secretary of state shall countersign. Moneys received from the sale of any land shall be paid to the school district for
whose benefit the land has been allocated.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 501.09
- 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
What is the source of Ohio Revised Code § 501.09?
The text above is transcribed from the Ohio Revised Code, the codified statutes of Ohio. The official publisher link appears under "Verify the text" on this page.
What subject does Ohio Revised Code § 501.09 address?
It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Ohio Revised Code § 501.09 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Ohio source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Ohio law to your facts requires a licensed Ohio attorney who can review the specifics.