Ohio § 3314.051 Disposal of real property acquired from school district

Ohio Statutes

§ 3314.051 — Disposal of real property acquired from school district

Ohio § 3314.051

Title 33Education-Libraries

Ch. 3314Community Schools

This text of Ohio § 3314.051 (Disposal of real property acquired from school district) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ohio Rev. Code Ann. § 3314.051 (2026).

Text

(A)When the governing authority of a community school that acquired real property from a school district pursuant to former division (G)(2) of section3313.41of the Revised Code decides to dispose of that property, it first shall offer that property for sale to the school district board of education from which it acquired the property, at a price that is not higher than the appraised fair market value of that property. If the district board does not accept the offer within sixty days after the offer is made, the community school may dispose of the property in another lawful manner.

(B)When a community school that acquired real property from a school district pursuant to former division (G)(2) of section3313.41of the Revised Code permanently closes, in distributing the school's

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(A) When the governing authority of a community school that acquired real property from a school district pursuant to former division (G)(2) of section3313.41of the Revised Code decides to dispose of that property, it first shall offer that property for sale to the school district board of education from which it acquired the property, at a price that is not higher than the appraised fair market value of that property. If the district board does not accept the offer within sixty days after the offer is made, the community school may dispose of the property in another lawful manner.

(B) When a community school that acquired real property from a school district pursuant to former division (G)(2) of section3313.41of the Revised Code permanently closes, in distributing the school's assets under section3314.074of the Revised Code, that property first shall be offered for sale to the school district board of education from which the community school acquired the property, at a price that is not higher than the appraised fair market value of that property. If the district board does not accept the offer within sixty days after the offer is made, the property may be disposed in another lawful manner.