Ohio Code § 5721.20
Ohio Code § 5721.20. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 5721.20.
This section does not apply to transfers of property without sale to a municipal corporation,
township, county, community development organization, or county land reutilization
corporation pursuant to the alternative redemption period procedures contained in section 323.78 of the Revised Code , except as provided in division (D) of that section. When land is sold pursuant to a foreclosure proceeding as provided in this chapter
or Chapter 323. of the Revised Code, both of the following apply: (A) If the officer who makes the sale receives from the sale more money than is necessary
to satisfy the writ of execution, with interest and costs, the officer who made the
sale shall deliver any balance remaining after satisfying the writ of execution, with
interest and costs, to the clerk of the court that issued the writ of execution not
later than forty-five days after confirmation of sale; (B) The clerk of the court that issued the writ of execution shall notify the owner of
any residue of moneys from the sale or foreclosure of lands remaining to the owner
on the order of distribution, in a manner consistent with division (A) of section 2329.44 of the Revised Code . Any residue of moneys from the sale or foreclosure of lands remaining to the owner
and unclaimed by such owner within ninety days from the day the final notice is provided
in accordance with division (A) of section 2329.44 of the Revised Code , shall be paid into the county treasury and shall be charged separately to the county
treasurer by the county auditor, in the name of the supposed owner. The treasurer shall retain such excess in the treasury for the proper owner of such
lands upon which the foreclosure was had, and upon demand by such owner, within three
years from the date of receipt, shall pay such excess to the owner. If the owner does not demand payment of the excess within three years, then the
excess shall be forfeited to the delinquent tax and assessment collection fund created
under section 321.261 of the Revised Code , or in counties that have established a county land reutilization corporation fund
under section 321.263 of the Revised Code , to the county land reutilization corporation fund.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 5721.20
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
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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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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 § 5721.20 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 § 5721.20 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.
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