Ohio § 2127.36
Full text of Ohio Ohio Revised Code § 2127.36, with citation guidance and answers to common questions.
§ 2127.36.
The order for the sale of real property granted in an action by an executor, administrator,
or guardian shall require that before the delivery of the deed the deferred installments
of the purchase money be secured by mortgage on the real property sold, and mortgage
notes bearing interest at a rate approved by the probate court. If after the sale is made, and before delivery of the deed, the purchaser offers
to pay the full amount of the purchase money in cash, the court may order that it
be accepted, if for the best interest of the estate or the ward, and direct its distribution. The court in that order may also direct the sale, without recourse, of any or all
of the notes taken for deferred payments, if for the best interest of the estate or
the ward, at not less than their face value with accrued interest, and direct the
distribution of the proceeds.
Frequently Asked Questions About Ohio § 2127.36
What does Ohio Revised Code § 2127.36 cover?
Section 2127.36 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 § 2127.36?
A common citation format is "Ohio Revised Code § 2127.36" (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 § 2127.36 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.