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Ohio’s Traditional Land Bank Law. Before Ohio’s new county land banks were conceived, the main goal from 2004 to 2006 was to respond to local leaders’ demand for speedier tax foreclosure of long tax-delinquent vacant and abandoned lands. In 2006, the Ohio General Assembly passed this legislation. Next-Generation Ohio Land Banks.
For the buyer, closing costs vary significantly by state, reflecting different state regulations and laws. In 2007, the Government Accountability Office (GAO), a non-partisan research arm of Congress, studied title insurance. It should, therefore, come as no surprise that few losses show up post-closing. Fannie Mae, Freddie Mac, etc.)
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And that would be a substantial deposit in the “strengthening democracy” account to rescue trust and confidence in democracy and the potential of good government done well.
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