Nothing in section 1349.21 of the Revised Code prohibits an escrow or closing agent from advancing funds not exceeding one thousand dollars from an escrow account or otherwise on behalf of a party to an escrow transaction for the purpose of paying incidental fees, such as conveyance and recording fees, in order to effect and close the sale, purchase, exchange, transfer, encumbrance, or lease of residential real property that is the subject of the escrow transaction.
Effective Date: 01-01-1996
Section: Previous 1349.17 1349.18 1349.19 1349.191 1349.192 1349.20 1349.21 1349.22 1349.25 1349.26 1349.27 1349.271 1349.29 1349.30 1349.31 NextLast modified: October 10, 2016