(A) A title agent's or title insurance company's fees payable with respect to an action under sections 5721.30 to 5721.46 of the Revised Code are subject to the following conditions:
(1) The fees must be reasonable.
(2) Fees exceeding five hundred dollars shall be paid only if authorized by a court order.
(B)
(1) Fees less than or equal to five hundred dollars shall be presumed to be reasonable.
(2) The terms of a sale negotiated under section 5721.33 of the Revised Code may include the amount to be paid in title agent's or title company's fees, subject to division (A) of this section.
Added by 131st General Assembly File No. TBD, HB 390, §101.01, eff. 9/28/2016.
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