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

Tax Cycles Certified Advertised Foreclosure Delinquent Delinquent Year 1 Current Tax Delinquent Tax January February March April May June July September October November December August 2nd half interim, 10% penalty 1st half interim, 10% penalty 5% penalty 10 calendar days 2nd half collection Dec 1 st Interest on all unpaid charges (4%) 1st half collection 5% penalty 10 calendar days 1st half collection Year 2 January February March April May June July August September October November December 2nd half interim, 10% penalty 1st half interim August 1 st Interest Dec 1 st interest on 1st half collection on unpaid prior year all unpaid charges charges (8%) (4%) 5% penalty 10 calendar days 2nd half collection 1st half collection 5% penalty 10 calendar days Revised 2-29-2016