Ohio § 1747.01
Full text of Ohio Ohio Revised Code § 1747.01, with citation guidance and answers to common questions.
§ 1747.01.
As used in Chapter 1747. of the Revised Code, unless the context otherwise requires: (A) “ Real estate investment trust ” means a trust created by an instrument, pursuant to common law or enabling legislation,
under which any estate or interest in real property is held, managed, administered,
controlled, invested, reinvested, or operated by a trustee or trustees for the benefit
and profit of persons who are or may become the holders of transferable certificates
of beneficial interest, issued pursuant to the provisions of the trust instrument,
such transferability being either restricted or unrestricted, which trust intends
to comply or has at any time complied or intended to comply with sections 856, 857,
and 858 of the “Internal Revenue Code of 1954,” 68A Stat. 3, 26 U.S.C. 1 , as now or hereafter amended. (B) “ Domestic real estate investment trust ” means a real estate investment trust organized in this state. (C) “ Foreign real estate investment trust ” means a real estate investment trust organized in another state. (D) “ State ” means the United States, any state, territory, insular possession, or other political
subdivision of the United States, including the District of Columbia. (E) “ Trust instrument ” means the instrument creating a real estate investment trust, including any amendments
to it. (F) “ To transact real estate business in this state ” means to take, hold, or dispose of any estate or interest in real property situated
in this state. (G) “ Certificate of beneficial interest ” means a certificate issued by a real estate investment trust evidencing a beneficial
interest in the trust.
Frequently Asked Questions About Ohio § 1747.01
What does Ohio Revised Code § 1747.01 cover?
Section 1747.01 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 § 1747.01?
A common citation format is "Ohio Revised Code § 1747.01" (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 § 1747.01 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.