Ohio § 5709.27
Full text of Ohio Ohio Revised Code § 5709.27, with citation guidance and answers to common questions.
§ 5709.27.
In the event of the sale, lease, or other transfer of an exempt facility, not involving
a different location or use, the holder of the exempt facility certificate shall transfer
the certificate by written instrument to the person who, except for the transfer of
the certificate, would be obligated to pay taxes on the facility. The transferee shall become the holder of the certificate and shall have all the
rights to exemption from taxes granted to the former holder or holders, effective
as of the date of transfer of the facility or the date of transfer of the certificate,
whichever is earlier. The transferee shall promptly give written notice of the effective date of the transfer,
together with a copy of the instrument of transfer, to the tax commissioner and the
county auditor of the county in which the facility is located. Upon request, the commissioner may provide the transferee with any information the
commissioner possesses related to the issuance of the exempt facility certificate.
Frequently Asked Questions About Ohio § 5709.27
What does Ohio Revised Code § 5709.27 cover?
Section 5709.27 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 § 5709.27?
A common citation format is "Ohio Revised Code § 5709.27" (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 § 5709.27 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.