Ohio § 1349.41
Full text of Ohio Ohio Revised Code § 1349.41, with citation guidance and answers to common questions.
§ 1349.41.
(A) As used in this section: (1) “ Consumer ” means an individual to whom credit is offered or extended primarily for personal,
family, or household purposes. (2) “ Lender ” means a nonbank mortgage lender as defined in section 1345.01 of the Revised Code . “Lender” does not include a person that purchases or is assigned a loan or that functions
solely as the servicer of a loan. (3) “Mortgage” has the same meaning as in section 1322.01 of the Revised Code . (B) A lender shall not engage in a transaction, practice, or course of business that
is not in good faith or fair dealing, or that operates a fraud upon any person, in
connection with the attempted or actual making, purchase, or sale of any mortgage
loan. (C) If a lender fails to comply with division (B) of this section, the affected consumer
may recover damages of not less than all compensation paid directly or indirectly
to the lender from any source, plus reasonable attorney's fees and court costs. (D) The duty created by this section shall not be waived or modified.
Frequently Asked Questions About Ohio § 1349.41
What does Ohio Revised Code § 1349.41 cover?
Section 1349.41 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 § 1349.41?
A common citation format is "Ohio Revised Code § 1349.41" (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 § 1349.41 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.