If one or more of the parties in the action for partition elects to take the estate at the appraised value, unless on good cause shown by special order the court of common pleas directs the entire payment to be made in cash, or all the parties in interest agree thereon, the terms of payment shall be one third cash, one third in one year, and one third in two years, with interest, the deferred payments to be secured to the satisfaction of the court. On payment being made in full, or in part, with sufficient security for the remainder, as provided in this section, according to the order of the court the sheriff shall make and execute a conveyance to the parties electing to take it.
Ohio Rev. Code Ann. § 5307.10
Terms of payment when estate taken by party - execution of conveyance
Applied in 3 court decisions — leading case 150 Ohio App. 3d 367 - McCarthy v. Lippitt (2002)
Most recently applied in Ellis v. Iesulauro, Ca2007-12-047 (9-15-2008) (September 2008)
Effective: October 1, 1953; Latest Legislation: House Bill 1 - 100th General Assembly
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
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.