Ohio § 2329.211
Full text of Ohio Ohio Revised Code § 2329.211, with citation guidance and answers to common questions.
§ 2329.211.
(A)(1) In every action demanding the judicial or execution sale of residential property,
if the judgment creditor is the purchaser at the sale, the purchaser shall not be
required to make a sale deposit. All other purchasers shall make a sale deposit as follows: (a) If the appraised value of the residential property is less than or equal to ten thousand
dollars, the deposit shall be two thousand dollars. (b) If the appraised value of the residential property is greater than ten thousand dollars
but less than or equal to two hundred thousand dollars, the deposit shall be five
thousand dollars. (c) If the appraised value of the residential property is greater than two hundred thousand
dollars, the deposit shall be ten thousand dollars. (2) The timing of the deposit and other payment requirements shall be established by
the court or the person conducting the sale and included in the advertisement of the
sale. If the purchaser fails to meet the timing or other requirements of the deposit,
the sale shall be invalid and the residential property may be brought to sale on the
provisional second sale date, if any, described in division (B) of section 2329.52 of the Revised Code , and included in the notice required by division (A)(1)(a)(i) of section 2329.26 of the Revised Code . (3) If the sale is held online, the deposit may be made by a financial transaction device
as defined in section 301.28 of the Revised Code . (B) In every action demanding the judicial or execution sale of commercial property,
the purchaser at the sale shall make a deposit pursuant to the requirements, if any,
established for the sale.
Frequently Asked Questions About Ohio § 2329.211
What does Ohio Revised Code § 2329.211 cover?
Section 2329.211 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 § 2329.211?
A common citation format is "Ohio Revised Code § 2329.211" (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 § 2329.211 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.