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Monumental News for Title Insurance Companies
Real Property Tax Values May Be Reduced Due to Covid
Ohio Senate Bill 57 passed the House on March 25, 2021. If and when signed by Governor DeWine, it will allow property owners to seek a reduction in their real property taxable value due to COVID related circumstances that existed as of October 1, 2020. That law requires the property owner to plead those circumstances
Greatest Change to Ohio Title Law in Decades
Greatest Change to Ohio Title Law in Decades Michael J. Sikora III spearheads first change to title cure law in 56 years Back in 2010, Michael J. Sikora III began spearheading the change to Ohio’s title curative law when he became president of the Ohio Land Title Association. As managing partner of Sikora Law LLC
Extinguishing Old Interests in 2021
More and more transactions that we’re handling all over Ohio involve properties that have been owned by an entity or by a family for decades. A good portion of those transactions have long-standing title issues and/or survey issues that need to be cleaned up prior to closing. In a recent Supreme Court of Ohio Decision