Ohio Code 2329.01 – Property subject to levy and sale
(A) Lands and tenements, including vested legal interests therein, permanent leasehold estates renewable forever, and goods and chattels, not exempt by law, shall be subject to the payment of debts, and liable to be taken on execution and sold as provided in sections 2329.02 to 2329.61 of the Revised Code.
Terms Used In Ohio Code 2329.01
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Property: means real and personal property. See Ohio Code 1.59
- state: means the state of Ohio. See Ohio Code 1.59
(B) As used in sections 2329.02 to 2329.61 of the Revised Code:
(1) “Commercial property” means any property that is not residential property.
(2) “Private selling officer” means a resident of this state licensed as both an auctioneer under Chapter 4707 of the Revised Code and as a real estate broker or real estate salesperson under Chapter 4735 of the Revised Code.
(3) “Residential mortgage loan” and “residential property” have the same meanings as in section 2308.01 of the Revised Code.