Ohio § 2107.501
Full text of Ohio Ohio Revised Code § 2107.501, with citation guidance and answers to common questions.
§ 2107.501.
(A) A specific devisee or legatee has the right to the remaining specifically devised
or bequeathed property, and the following: (1) Any balance on the purchase price, together with any security interest owing from
a purchaser to the testator at death by reason of sale of the property; (2) Any amount of condemnation award unpaid at death for the taking of the property; (3) Any proceeds unpaid at death on fire or casualty insurance on the property; (4) Property owned by the testator at death as a result of foreclosure, or obtained in
lieu of foreclosure, of the security for a specifically devised or bequeathed obligation. (B) If specifically devised or bequeathed property is sold by a guardian, by an agent
acting within the authority of a power of attorney, or by an agent acting within the
authority of a durable power of attorney, or if a condemnation award or insurance
proceeds are paid to a guardian, to an agent acting within the authority of a power
of attorney, or to an agent acting within the authority of a durable power of attorney
as a result of condemnation, fire, or casualty to the property, the specific devisee
or legatee has the right to a general pecuniary devise or bequest equal to the net
proceeds of sale, the condemnation award, or the insurance proceeds, and that devise
or bequest shall be treated as property subject to section 2107.54 of the Revised Code . This section does not apply if subsequent to the sale, condemnation, fire, or casualty,
it is adjudicated that the disability of the testator has ceased and the testator
survives the adjudication by one year. The right of the specific devisee or legatee is reduced by any right acquired under
division (A) of this section.
Frequently Asked Questions About Ohio § 2107.501
What does Ohio Revised Code § 2107.501 cover?
Section 2107.501 is part of the Ohio Revised Code, the codified statutory law of Ohio. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Ohio § 2107.501?
A common citation format is "Ohio Revised Code § 2107.501" (Ohio). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Ohio law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Ohio official source linked on this page or consult a licensed Ohio attorney.
How does Ohio § 2107.501 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Ohio can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Ohio.