Selling your home without an agent inOhio

Ohio Rev. Code § 5302.30(A)(4)

Ohio’s § 5302.30 residential-property disclosure regime defines residential real property as property improved by a building or structure with one to four dwelling units.

Ohio Rev. Code § 5302.30(C)

Unless a division (B)(2) exclusion applies, an Ohio transferor in a covered transaction must complete the applicable items in the prescribed property disclosure form and deliver a signed, dated copy to each prospective transferee or the transferee’s agent as soon as practicable.

Ohio Rev. Code § 5302.30(D)(1)

Ohio’s prescribed form is designed for the transferor to disclose material matters relating to the physical condition of the property; the statute further identifies actual-knowledge content and does not displace other statutory or common-law disclosure duties.

Ohio Rev. Code § 5302.30(H)

A prospective Ohio transferee who receives the completed signed and dated disclosure form must acknowledge receipt in the manner required by § 5302.30(H).

Ohio Rev. Code § 5302.30(K)(2)

When a covered Ohio transferee receives the property disclosure form or an amendment only after entering the transfer agreement, § 5302.30(K)(2) may permit rescission by a written, signed, and dated document delivered to the transferor or the transferor’s agent, subject to the statute’s waiver and strict timing cutoffs.

Escrow Requirements > item 1

Applies in Cleveland Heights city

For transfer release, the City lists a copy of its acknowledgement signed by the buyer among the required submissions.

Escrow Requirements > item 2

Applies in Cleveland Heights city

For transfer release, the City requires title-company and escrow-officer contact information.

42 U.S.C. § 4851b(27)

Federal lead-disclosure law generally defines target housing as housing constructed before 1978, subject to the statutory elderly, disability, zero-bedroom, child-occupancy, and jurisdiction-specific exceptions.

42 U.S.C. § 4852d(a)(1)(B)

Before a purchaser or lessee is contractually obligated for target housing, the seller or lessor must disclose known lead-based paint or hazards and provide available lead-hazard evaluation reports.

42 U.S.C. § 4852d(a)(1)(C)

For a target-housing sale, the seller must permit the purchaser a 10-day lead risk-assessment or inspection period unless the parties mutually agree to a different period.

Housing FAQ > report timing

Applies in Cleveland Heights city

The City says the Point-of-Sale inspection report is normally received within five working days.

Escrow Requirements > all property

Applies in Cleveland Heights city

The City states that its transfer-release information is required for all residential or commercial property transferred in Cleveland Heights, whether compliant or subject to escrow.

Escrow Requirements > copy of agreement

Applies in Cleveland Heights city

The City may accept a licensed-contractor contract estimate, signed by the prospective buyer and reviewed by the Housing Programs Manager, as the escrow requirement.

Escrow Requirements > dispersal

Applies in Cleveland Heights city

Escrow funds are disbursed only with written City authorization; partial release may be authorized after substantial progress if enough remains for outstanding violations.

Escrow Requirements > dollar amount

Applies in Cleveland Heights city

Inspectional Services determines the escrow amount using average repair prices multiplied by 125% for an average-sized Cleveland Heights home.

Escrow Requirements > enforcement

Applies in Cleveland Heights city

The City warns that a court summons may issue if Inspectional Services has not released the property for transfer.

Escrow Requirements > item 3

Applies in Cleveland Heights city

When escrow is required, the City requires a title-company letter stating that the required amount is being held in escrow.

Escrow Requirements > rehab loan

Applies in Cleveland Heights city

After Housing Programs Manager review, the City may accept a 203K, FNMA, or other rehabilitation loan instead of escrow funds if it addresses all Class A violations.

Escrow Requirements > speedy transfer

Applies in Cleveland Heights city

The City requires specified information to be submitted to Inspectional Services before a Cleveland Heights property may transfer title.

Escrow Requirements > trigger

Applies in Cleveland Heights city

If major Class A Point-of-Sale violations remain uncorrected before title transfer, the City requires an escrow account funded to correct them.

Housing FAQ > scheduling

Applies in Cleveland Heights city

The City says Point-of-Sale inspections are normally scheduled about two weeks in advance.

Housing FAQ > violations before sale

Applies in Cleveland Heights city

The City states that a buyer may assume violations, but remaining Class A violations require escrow and verification to Housing Inspection before title transfer.

Point of Sale Inspections > fee

Applies in Cleveland Heights city

The City currently lists a $200 Point-of-Sale inspection fee for the first unit and $50 for each additional unit.

Point of Sale Inspections > overview

Applies in Cleveland Heights city

Cleveland Heights requires owners of its listed residential, condominium, apartment, and commercial property types to obtain a Point-of-Sale Certificate of Inspection before entering an agreement to sell.

Point of Sale Inspections > overview

Applies in Cleveland Heights city

Before the sale contract is executed, the seller must provide the prospective purchaser the original Certificate of Inspection and any available Certificate of Compliance.

Point of Sale Inspections > validity

Applies in Cleveland Heights city

The City states that the original Point-of-Sale Certificate of Inspection is valid for one year from issuance.