Ohio Code 307.083 – Method for purchasing real estate at public auction
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A board of county commissioners may purchase real estate at public auction by designating an individual to represent the board and tender bids at the auction, subject to a maximum purchase amount established by the board or an appraisal obtained prior to sale. A purchase made under this section is subject to division (D) of section 5705.41 of the Revised Code.
Terms Used In Ohio Code 307.083
- Appraisal: A determination of property value.