§ 872-9. Statements Required to be Furnished to Tenant; Record to be Maintained by the Landlord.

(1)

Prior to the execution of a Residential Lease Option Contract, the landlord shall furnish to the tenant the following:

(a)

A copy of the City of Cincinnati's Mandatory Lease Option Pamphlet, explaining the rights and obligations of the tenant and the landlord under a Residential Lease Option Contract.

(b)

A completed copy of the State of Ohio Property disclosure form for residential real property transfers as required by Section 5302.30 of the Ohio Revised Code.

(2)

Upon execution of a Residential Lease Option Contract, the landlord shall furnish to the tenant the following:

(a)

A copy of the Residential Lease Option Contract signed by both the landlord and the tenant;

(b)

A completed copy of the State of Ohio Property disclosure form for residential real property transfers signed by both the landlord and the tenant;

(c)

Landlord's failure to provider an executed copy of the State of Ohio Property disclosure form for residential real property transfers shall entitle tenant to all remedies outlines in Section 5302.30 of the Ohio Revised Code;

(d)

A copy of a written receipt, executed and dated by each tenant under a Residential Lease Option Contract, stating that the tenant has received and reviewed the Mandatory Lease Option Pamphlet. In addition, the landlord shall maintain the original of this receipt during the period that the Residential Lease Option Contract is in effect;

(e)

Landlord's failure to provide the City of Cincinnati's Mandatory Lease Option Pamphlet to the tenant shall entitle the tenant to cancel the Option Agreement and, if so canceled, receive a refund of the option fee paid upon execution of the Residential Lease Option Contract;

(f)

Any and all other documents required by federal, state, or city law to complete a residential lease.

(Ordained by Ord. No. 327-2004, eff. Nov. 5, 2004)