At an Ohio real estate closing, the title company discovers that the County Auditor's records show the property has a different legal description than what appears on the deed being conveyed. What impact does this have on the conveyance fee process?
Correct Answer
A) The County Auditor will likely flag the discrepancy and may refuse to approve the DTE 100 until the legal description is reconciled
When the County Auditor reviews the DTE 100 form, they verify the property information against their records. A discrepancy in the legal description would likely cause the Auditor to flag the issue and withhold approval until the description is corrected or reconciled, since accurate property identification is essential for tax assessment purposes.
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