R.C. § 1349.22 Advancing Funds For Incidental Fees

LibraryOhio Statutes
Edition2023
CurrencyCurrent with legislation from 2024 received as of February 15, 2024.
Year2023
CitationR.C. § 1349.22

Nothing in section 1349.21 of the Revised Code prohibits an escrow or closing agent from advancing funds not exceeding one thousand dollars from an escrow account or otherwise on behalf of a party to an escrow transaction for the purpose of paying incidental fees, such as conveyance and recording fees, in order to effect and close the sale, purchase, exchange...

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