When Property Sold Twice Within Reasonable Time Before/After Lien Date
From the site: "2008-2408. HIN, L.L.C. v. Cuyahoga Cty. Bd. of Revision, Slip Opinion No. 2010-Ohio-687.
Opinion: http://www.supremecourt.ohio.gov/rod/docs/pdf/0/2010/2010-Ohio-687.pdf
View oral argument video of this case.
In a decision announced today, the Supreme Court of Ohio ruled that when a property has been the subject of two arm's length sales between a willing buyer and seller within a reasonable length of time before or after the tax-lien date, the sale occurring closer in time to the tax lien date establishes the true value of the property for taxation purposes..."
Source: The Supreme Court of Ohio, 4 March 2010
