5301.012 Identification of agency for whose use and benefit interest in real property is acquired. - Ohio Statutes

5301.012 Identification of agency for whose use and benefit interest in real property is acquired.

(A) As used in this section, “agency” means every organized body, office, or agency established by the laws of the state for the exercise of any function of state government.

(B) Any instrument by which the state or an agency of the state acquires an interest in real property, including any deed, transfer, grant, reservation, agreement creating an easement, or lease, shall identify the agency for whose use and benefit the interest in the real property is acquired.

(C)(1) If the instrument conveys less than a fee simple interest in real property and if the agency has authority to hold an interest in property in its own name, the instrument shall state that the interest in the real property is conveyed “to …....... (the name of the agency).” Otherwise, the instrument shall state that the interest in the real property is conveyed “to the State of Ohio for the use and benefit of …....... (name of agency).”

(2) If the instrument conveys a fee simple interest in real property and if the agency has authority to hold a fee simple interest in real property in its own name, the instrument shall state that the interest in the real property is conveyed “to the …....... (name of agency) and its successors and assigns.” Otherwise, the instrument that conveys a fee simple interest in the real property shall state “to the State of Ohio and its successors and assigns for the use and benefit of …....... (name of agency).”

(D) The purpose of specifying the name of the agency in the instrument is to identify the agency that has the use and benefit of the real property. The identification of the agency pursuant to this section does not confer on that agency any additional property rights in regard to the real property.

Effective Date: 10-26-1999