323.131 (A)(3)(a). O.R.C. 323.131 Form and contents of tax bill: - - PowerPoint PPT Presentation

 Notice: If the taxes are not paid within sixty days from the date they are certified

delinquent, the property is subject to foreclosure for tax delinquency (O.R.C. 323.131 (A)(3)(a).

 O.R.C. 323.131 Form and contents of tax bill:  (A)(3)(a) “Notice: If the taxes are not paid within sixty days from the date they are

certified delinquent, the property is subject to foreclosure for tax delinquency.” Failure to provide such notice has no effect upon the validity of any tax foreclosure to which a property is subjected.

 This amendment changes and makes consistent with existing law, the required

language to be found in the statutory notice of tax delinquency. The notice shall now read “Notice: If the taxes are not paid within sixty days from the date they are certified delinquent, the property is subject to foreclosure for tax delinquency.” This notice is now consistent with existing RC section 323.25 which permits foreclosure 60 days after a property is certified delinquent.

 Amended by 130th General Assembly File No. TBD, SB 172, § 1, effective 9/4/2014.

Tax Cycles

January February March April May June July August September October November December January February March April May June July August September October November December Current Tax Delinquent Tax Year 1 Year 2 1st half collection 5% penalty 10 calendar days 2nd half interim, 10% penalty 2nd half collection 5% penalty 10 calendar days 1st half interim, 10% penalty 1st half collection 5% penalty 10 calendar days 2nd half interim, 10% penalty 2nd half collection 5% penalty 10 calendar days 1st half interim 1st half collection 1st half collection

Certified Delinquent Advertised Delinquent Foreclosure

Revised 2-29-2016

Dec 1st Interest on all unpaid charges (4%) August 1st Interest

• n unpaid prior year

charges (8%) Dec 1st interest on all unpaid charges (4%)