Ohio § 505.104
Full text of Ohio Ohio Revised Code § 505.104, with citation guidance and answers to common questions.
§ 505.104.
A board of township trustees may, by resolution and without bidding or advertising,
exchange and transfer any real property belonging to the township if all of the following
apply in regard to the real property the township acquires in the exchange: (A) Its current market value is equal to or greater than that of the real property the
township gives up in the exchange and the county auditor so certifies prior to the
transfer; (B) It is improved to the township's specifications; (C) It is to be used by the township for a public purpose that is the same as or similar
to that for which the real property the township gives up in the exchange was used.
Frequently Asked Questions About Ohio § 505.104
What does Ohio Revised Code § 505.104 cover?
Section 505.104 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 § 505.104?
A common citation format is "Ohio Revised Code § 505.104" (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 § 505.104 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.