Howard J. Kaplan and Brenda L. Kaplan, et al. - Page 42

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          transfer to TMC of legal title to the improved property on Maple            
          Street or to any portion of such property.  The Supreme Court of            
          Ohio has held:  “Whether or not recorded, a deed in Ohio passes             
          title upon its proper execution and delivery, so far as the                 
          grantor is able to convey it.”  Wayne Bldg. & Loan Co. of Wooster           
          v. Yarborough, 228 N.E.2d 841, 853 (Ohio 1967); see also Kniebbe            
          v. Wade, 118 N.E.2d 833, 835 (Ohio 1954).                                   
               With respect to the requirement of “proper execution”, Ohio            
          law in effect in 1999 required that, in order for a deed of any             
          interest in real property to be executed properly, the                      
               deed * * * shall be signed by the grantor * * *.  The                  
               signing shall be acknowledged by the grantor * * * in                  
               the presence of two witnesses, who shall attest the                    
               signing and subscribe their names to the attestation.                  
               The signing shall be acknowledged by the grantor * * *                 
               before a judge or clerk of a court of record in this                   
               state, or a county auditor, county engineer, notary                    
               public, or mayor, who shall certify the acknowledgment                 
               and subscribe his name to the certificate of the ac-                   
               knowledgment.                                                          
          Ohio Rev. Code Ann. sec. 5301.01 (Anderson 1999).  (We shall                
          hereinafter refer to Ohio Rev. Code Ann. sec. 5301.01 (Anderson             
          1999) in effect in 1999 as section 5301.01 of the Ohio Revised              
          Code in effect in 1999.)  As pertinent here, effective February             
          1, 2002, there was an amendment (2002 amendment) of section                 
          5301.01 of the Ohio Revised Code in effect in 1999, which deleted           
          the second sentence thereof (quoted above).  If a deed17 was                

               17Although KQC used a document entitled “Bill of Sale”,                
          respondent does not appear to suggest that such document may not            
                                                             (continued...)           




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