Ohio § 1337.45
Full text of Ohio Ohio Revised Code § 1337.45, with citation guidance and answers to common questions.
§ 1337.45.
Unless the power of attorney otherwise provides, language in a power of attorney granting
general authority with respect to real property authorizes the agent to do all of
the following: (A) Demand, buy, lease, receive, accept as a gift or as security for an extension of
credit, or otherwise acquire or reject an interest in real property or a right incident
to real property; (B) Sell; exchange; convey with or without covenants, representations, or warranties;
quitclaim; release; surrender; retain title for security; encumber; partition;
consent to partitioning; subject to an easement or covenant; subdivide; apply
for zoning or other governmental permits; plat or consent to platting; develop;
grant an option concerning; lease; sublease; contribute to an entity in exchange
for an interest in that entity; or otherwise grant or dispose of an interest in real
property or a right incident to real property; (C) Pledge or mortgage an interest in real property or right incident to real property
as security to borrow money or pay, renew, or extend the time of payment of a debt
of the principal or a debt guaranteed by the principal; (D) Release, assign, satisfy, or enforce by litigation or otherwise a mortgage, deed
of trust, conditional sale contract, encumbrance, lien, or other claim to real property
that exists or is asserted; (E) Manage or conserve an interest in real property or a right incident to real property
owned or claimed to be owned by the principal, including all of the following: (1) Insure against liability or casualty or other loss; (2) Obtain or regain possession of or protect the interest or right by litigation or
otherwise; (3) Pay, assess, compromise, or contest taxes or assessments or apply for and receive
refunds in connection with taxes; (4) Purchase supplies, hire assistance or labor, and make repairs or alterations to the
real property. (F) Use, develop, alter, replace, remove, erect, or install structures or other improvements
upon real property in or incident to which the principal has, or claims to have, an
interest or right; (G) Participate in a reorganization with respect to real property or an entity that owns
an interest in or right incident to real property and receive, and hold, and act with
respect to stocks and bonds or other property received in a plan of reorganization,
including all of the following: (1) Sell or otherwise dispose of them; (2) Exercise or sell an option, right of conversion, or similar right with respect to
them; (3) Exercise any voting rights in person or by proxy. (H) Change the form of title of an interest in or right incident to real property; (I) Dedicate to public use, with or without consideration, easements or other real property
in which the principal has, or claims to have, an interest.
Frequently Asked Questions About Ohio § 1337.45
What does Ohio Revised Code § 1337.45 cover?
Section 1337.45 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 § 1337.45?
A common citation format is "Ohio Revised Code § 1337.45" (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 § 1337.45 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.