Ohio Assignment of Interest in Right of Way is a legal agreement that allows the transfer of ownership or rights to property located within a designated right of way area in the state of Ohio. This type of assignment is commonly used in infrastructure projects, such as road expansions, utility installations, or transportation improvements. In Ohio, the Assignment of Interest in Right of Way involves the transfer of ownership or rights from one party, known as the assignor, to another party, known as the assignee. This agreement ensures that the assignee assumes all responsibilities and rights associated with the property within the right of way area. There are several types of Ohio Assignment of Interest in Right of Way, each with its own specific purpose and requirements. These include: 1. Partial Assignment: This type of assignment involves the transfer of only a portion of the assignor's interest in the right of way. The assignee will obtain a partial ownership or limited rights to the property, usually for a specific project or development purpose. 2. Temporary Assignment: In certain cases, the right of way may need to be temporarily assigned to a third party for a predetermined period. This temporary assignment grants the assignee temporary control and usage rights to the property, allowing them to perform necessary activities or construction work. 3. Permanent Assignment: A permanent assignment is a complete transfer of the assignor's ownership or rights in the right of way. This transfer is permanent and typically occurs when the assignee has acquired the property for long-term ownership or use. 4. Easement Assignment: An easement assignment grants the assignee the right to use or access a specific portion of the assigned property for a specific purpose. This type of assignment does not involve ownership transfer but enables the assignee to utilize the designated area within the right of way. 5. Order of Assignment: This type of assignment occurs when the assignment is mandated by a government authority or agency. The order of assignment is used to transfer the ownership or rights of the assignor to the assignee based on legal requirements or public interest. It is important to note that Ohio Assignment of Interest in Right of Way is a complex legal process that often requires the involvement of attorneys and professionals well-versed in real estate and property law. This ensures that all legal requirements are met, and the rights of all parties involved are protected.
Ohio Assignment of Interest in Right of Way
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Section 5301.36 | Entry of satisfaction. (B) Within ninety days from the date of the satisfaction of a mortgage, the mortgagee shall record a release of the mortgage evidencing the fact of its satisfaction in the appropriate county recorder's office and pay any fees required for the recording.
Ohio law consists of the Ohio Constitution, the Ohio Revised Code and the Ohio Administrative Code. The Constitution is the state's highest law superseding all others. The Revised Code is the codified law of the state while the Administrative Code is a compilation of administrative rules adopted by state agencies.
Section 163.03 | Right of entry. Notice of such proposed entry shall be given to the owner or the person in possession by such means as are reasonably available not less than forty-eight hours nor more than thirty days prior to the date of such entry.
Right of way can be created through a variety of means such as: A road right of way created by a County as a County/Township road and later transferred to the State or other public entity. The acquisition of easement/deeds which are signed by a grantor, and which often are on file at the County Recorder's office.
The signing shall be acknowledged by the grantor, mortgagor, vendor, or lessor, or by the trustee, 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 acknowledgement and subscribe the official's name to the certificate of the ...
Chapter 1313 | Voluntary Assignments The court may require the assignee, or any trustee subsequently appointed, to execute an additional bond whenever the interests of the creditors of the assignor demand it.
Section 5301.233 | Mortgage may secure unpaid balances of advances made.
"All public roads hereafter located and established by the County Commissioners shall be of such width, not less than 30 feet as may be determined by the County Surveyor subject to the approval of the County Commissioners."