Ohio Code 2117.10 – Failure of lienholder to present claim
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The failure of the holder of a valid lien upon any of the assets of an estate to present the lienholder’s claim upon the indebtedness secured by the lien, as provided in this chapter, shall not affect the lien if the same is evidenced by a document admitted to public record, or is evidenced by actual possession of the real or personal property that is subject to the lien.
Terms Used In Ohio Code 2117.10
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Lien: A claim against real or personal property in satisfaction of a debt.
- Personal property: All property that is not real property.