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Ohio · Through 2012-01-13 (Senate Bill 124 - 129th General Assembly)

Ohio Rev. Code § 2109.20: Guardian may give real property mortgage to secure bond.

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Where this section sits in the code
  1. Title 21 Courts-Probate-Juvenile
  2. Chapter 2109 Fiduciaries

Instead of the sureties required on a guardian's bond by section 2109.04 of the Revised Code, a guardian of the person and estate or of the estate only of any ward may execute to the ward a mortgage upon unencumbered real property. The guardian first shall furnish to the probate court a title guarantee or a mortgagee's title insurance policy for the benefit of the guardianship, with respect to the real property, and it shall be shown to the court's satisfaction that, exclusive of improvements on the real property, the real property is of a value sufficient to secure the bond. The mortgage shall be recorded in the county in which the property is situated and filed with the court.

Collected 2026-09-14T19:24:30Z. Source file · JSON

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