Ohio Code § 5315.05
Ohio Code § 5315.05. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 5315.05.
(A) A former borrower and a former lender who are party to a lease with option to purchase
agreement under divisions (A)(2) and (3) of section 5315.04 of the Revised Code are
governed by Chapter 5321. of the Revised Code. (1) The former borrower-lessee is responsible for all of the obligations of a tenant
under section 5321.05 of the Revised Code as well as the duties under divisions (A)(1) to (6) of section 5321.04 of the Revised
Code. (2) Divisions (A)(1) to (6) of section 5321.04 of the Revised Code do not apply to a
lender-lessor participating in the D.O.L.L.A.R. deed program in accordance with this
chapter. (B) A former borrower-lessee who defaults or otherwise fails to meet the terms of a lease
with option to purchase agreement executed pursuant to this chapter forfeits the former
borrower-lessee's right to purchase the real property under division (B) of section 5315.04 of the Revised Code and has no further right of possession or occupancy and shall be subject to a forcible
entry and detainer action under section 5321.03 and Chapter 1923. of the Revised Code.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 5315.05
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
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Common questions
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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 § 5315.05 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.
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