Ohio Rev. Code Ann. § 5301.291

Mortgage release, cancellation, or satisfaction not defective

Applied in 1 court decision — leading case Gemini Services, Inc. v. Mortgage Electronic Registration Systems, Inc. (In Re Gemini Services, Inc.) (2006)

Most recently applied in Gemini Services, Inc. v. Mortgage Electronic Registration Systems, Inc. (In Re Gemini Services, Inc.) (August 2006)

Effective: September 20, 1984; Latest Legislation: Senate Bill 304 - 115th General Assembly

No real estate mortgage release, cancellation, or satisfaction of record in the office of the county recorder of the county within this state in which such real estate is situated shall be deemed defective because:

(A) The executor, administrator, guardian, assignee, or trustee signed it individually instead of in his representative or official capacity.

(B) The release, cancellation, or satisfaction is by separate instrument, and the certificate of acknowledgment is not on the same sheet of paper as the release, cancellation, or satisfaction.

(C) A satisfaction was not recorded within ninety days as required by division (B) of section 5301.36 of the Revised Code.

Official source: Ohio Laws & Administrative Rules (Legislative Service Commission). Reproduced from public-domain Ohio statutes; confirm against the official source for the current text. Not legal advice.