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Source of Title Blog : Real Estate Law

Ohio Transfer on Death Designation Affidavit: Life Estate and the Remainder
by Robert Franco | 2018/09/16

This issue has come up three times over the past couple of weeks and it has me a bit perplexed.  Can an owner designate as beneficiaries in his Transfer of Death (TOD) Designation Affidavit one beneficiary to receive a life estate and another to receive the remainder?  In two cases, I had clients that wanted such a result, in another someone sent me a TOD Designation Affidavit that purported to designate one beneficiary as a life tenant and another as remainderman.  I did a little reading and I'm not certain it works... but I think it probably should.

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Categories: Ohio Legislation, Real Estate Law

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Ohio Bill Introduced to Abolish Dower
by Robert Franco | 2017/12/10

Ohio is one of only a handful of states that still recognizes dower.  There has been talk about abolishing it for years, but nothing much has come of it until now.  On November 7, 2017, House Bill 407 was introduced and it is currently assigned to the Civil Justice Committee for hearings.  

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Categories: Ohio Legislation, Real Estate Law, Title Problems

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Can the Government Acquire Property by Adverse Possession?
by Robert Franco | 2017/10/08

In Ohio, you can acquire legal title to another's real property if you prove exclusive possession and open, notorious, continuous, and adverse use for a period of 21 years. But, the general rule is that you cannot adversely possess property against the state.  So, when a friend here in Ohio emailed me this very interesting question, my first thought was "sure... I think so, if all of the elements are met, why not?"  But, the Fifth Amendment to the U.S. Constitution provides that private property shall not be taken "without just compensation." Does that rule out the possibility that the government can take title by adverse possession -- without going through the process of a condemnation proceeding and paying just compensation? Hmmm... it really is an interesting question.

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Categories: Adverse Possession, Inverse Condemnation, Real Estate Law

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Source of Title Blog

Robert A. FrancoThe focus of this blog will be on sharing my thoughts and concerns related to the small title agents and abstractors. The industry has changed dramatically over the past ten years and I believe that we are just seeing the beginning. As the evolution continues, what will become of the many small independent title professionals who have long been the cornerstone of the industry?

Robert A. Franco
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