Ohio surplus funds list

Ohio surplus funds rules

Sales that create surplus

Sheriff sale after judicial mortgage foreclosure (ORC 2329.44); Judicial tax foreclosure sale (ORC 5721.18/5721.20); Forfeited land sale (ORC 5723); Board of Revision expedited foreclosure / direct transfer to land bank (ORC 323.65-.79); HOA/condo lien foreclosure is judicial -> sheriff sale, same 2329.44 path

Who holds the money

Officer conducting sale delivers balance to the clerk of the court that issued the writ within 45 days after confirmation (ORC 2329.44(A)). Clerk must notify judgment debtor (certified mail within 90 days of sale for >= $500; ordinary mail for < $500).

Unclaimed funds go to

If unclaimed 90 days after last required notice, clerk disposes of it as unclaimed money under ORC 2335.34-.35. County-held unclaimed court funds are separate from the state Division of Unclaimed Funds (ORC ch. 169). verify

How owners claim

Demand/application to the Clerk of Courts of Common Pleas (many counties require a motion/application for disbursement of excess funds filed in the foreclosure case); clerk pays on demand to judgment debtor or legal representative after reimbursement of notice costs. — deadline: No hard bar in 2329.44; practical deadline before transfer as unclaimed money (90 days after last notice, then 2335.34 process).

Agent / finder fee cap

For funds held by the state Division of Unclaimed Funds: max 10% of amount recovered and paid to owner (ORC 169.13(B)(1)). No specific cap found for county-held sheriff-sale excess funds.

Waiting period

169.13(A): agreements entered within 2 years after the holder report is filed are invalid, and finder may not contact owner during that period.

Registration

Finder must hold a certificate of registration from the Director of Commerce (ORC 169.16); agreement must state certificate number and expiration.

Getting the list

County Clerk of Courts excess-funds lists (e.g., Cuyahoga County Clerk of Courts 'excess funds' / unclaimed funds list; Franklin County Clerk of Courts unclaimed funds search) - exact URLs ; ORC 2335.34 requires annual posting of unclaimed-money lists in courthouse or on the court/officer website (second Monday of January). State: unclaimedfunds.ohio.gov search. verify

Law: ORC 169.13, 169.16 (state unclaimed funds); ORC 2329.44 (sheriff-sale excess) · confirm details with the county; rules change.