In the fall of 2015, state representatives Jonathan Dever and Robert McColley introduced House Bill 303 to create the D.O.L.L.A.R. Deed Program. The acronym D.O.L.L.A.R. stands for Deed Over, Lender Leaseback and Agreed Finance. Substitute House Bill 303 was signed into law by Governor John Kasich on June 28, 2016.
As a result, pursuant to Ohio Revised Code Section 5315.02, OHFA has enacted Ohio Administrative Code Rule 175-11-01, which sets forth a link to this webpage where model forms will be located that can be used by lenders that wish to use the D.O.L.L.A.R. Deed Program.
The forms below are samples that can be downloaded and tailored to meet your specific needs.
- D.O.L.L.A.R. Deed Application (68 KB Adobe PDF File)
- Deed in Lieu of Foreclosure (15 KB Word File)
- Ohio Residential Lease Agreement (31 KB Word File)
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