2127.22 Appraisement may be dispensed with - new appraisement - appraisers. - Ohio Statutes

2127.22 Appraisement may be dispensed with - new appraisement - appraisers.

If an appraisement of the real estate is contained in the inventory required of an executor or administrator by section 2115.02 of the Revised Code, and of a guardian by section 2111.14 of the Revised Code, the probate court may order a sale in accordance with the appraisement, or order a new appraisement. If a new appraisement is not ordered, the value set forth in the inventory shall be the appraised value of the real estate. If the court orders a new appraisement, the value returned shall be the appraised value of the real estate.

If the interest of the deceased or ward in the real estate is fractional and undivided, and if a party requests and the court orders the entire interest in the real estate to be sold, a new appraisement of the entire interest in the real estate shall be ordered.

If the relief requested is granted and new appraisement is ordered, the court shall appoint one, or on request of the executor, administrator, or guardian, not exceeding three judicious and disinterested persons of the vicinity, not next of kin of the complainant, to appraise the real estate in whole and in parcels at its true value in money. Where the real estate lies in two or more counties the court may appoint appraisers in any or all of the counties in which the real estate or a part of it is situated.

Effective Date: 01-01-1976