--- title: "Urgent Alert for Central Ohio Homeowners: MV Realty" description: Urgent alert for Central Ohio homeowners to cancel 40-year MV Realty contracts by April 29, 2026, to clear property titles and avoid severe penalties. image: https://www.sciototitle.com/hubfs/Blog%20Images/MV%20Realty%20Sign.webp --- [![Scioto Title Logo](https://www.sciototitle.com/hs-fs/hubfs/Scioto%20Title%20Sailboat%20Logo%20v4.png?width=5500&height=1000&name=Scioto%20Title%20Sailboat%20Logo%20v4.png "Scioto Title Logo")](https://sciototitle.com) [![Scioto Title Logo](https://www.sciototitle.com/hs-fs/hubfs/Scioto%20Title%20Sailboat%20Logo%20v4.png?width=5500&height=1000&name=Scioto%20Title%20Sailboat%20Logo%20v4.png "Scioto Title Logo")](https://sciototitle.com) [![Scioto Title Logo](https://www.sciototitle.com/hs-fs/hubfs/Scioto%20Title%20Sailboat%20Logo%20v4.png?width=5500&height=1000&name=Scioto%20Title%20Sailboat%20Logo%20v4.png "Scioto Title Logo")](https://sciototitle.com) This is a search field with an auto-suggest feature attached. - There are no suggestions because the search field is empty. - [HOME](https://www.sciototitle.com) - [ABOUT](https://www.sciototitle.com/about) - [TITLE SERVICES](https://www.sciototitle.com/services) - [Residential Services](https://www.sciototitle.com/residential-title-services) - [Commercial Services](https://www.sciototitle.com/commercial-title-services) - [Order Title](https://www.sciototitle.com/order-form) - [Customer Login](https://connect.qualia.com/signin) - [Earnest Deposit](https://connect.qualia.com/pay/sciototitle) - RESOURCES - [Title Insurance](https://www.sciototitle.com/title-insurance) - [Rate Calculator](https://ratequote.wltic.com/Quote?k=Westcor-All) - [Marketing Services](https://www.sciototitle.com/marketing) - [News & Updates](https://www.sciototitle.com/news) - [Title 101](https://www.sciototitle.com/title101) - [Glossary](https://www.sciototitle.com/glossary) - [LOCATIONS](https://www.sciototitle.com/locations) - [Bexley](https://www.sciototitle.com/bexley) - [Columbus - Easton](https://www.sciototitle.com/columbus-easton) - [Columbus - Polaris](https://www.sciototitle.com/columbus-polaris) - [Delaware](https://www.sciototitle.com/delaware) - [Dublin](https://www.sciototitle.com/dublin) - [Powell](https://www.sciototitle.com/powell) - [Upper Arlington](https://www.sciototitle.com/upper-arlington) - [Westerville](https://www.sciototitle.com/westerville) - [Worthington](https://www.sciototitle.com/worthington) - [CONTACT](https://www.sciototitle.com/contact) This is a search field with an auto-suggest feature attached. - There are no suggestions because the search field is empty. # Urgent Alert for Central Ohio Homeowners: MV Realty by [Scioto Title](https://www.sciototitle.com/scioto-blog/author/scioto-title) | Feb 25, 2026 At Scioto Title, our priority is ensuring your property rights are protected and your home’s title is clear of unexpected encumbrances. Recently, Delaware County Recorder Melissa Jordan, along with Ohio Attorney General Dave Yost, issued a critical alert regarding long-term real estate contracts signed with MV Realty of Ohio, LLC. If you or someone you know signed a "Homeowner Benefit Agreement" (HBA) with MV Realty, there is a limited-time window closing on April 29, 2026, to cancel this contract—without having to repay the upfront cash you received. ### What Were MV Realty's Homeowner Benefit Agreements? Between roughly 2019 and 2023, MV Realty offered homeowners an upfront cash payment, typically ranging from $300 to $5,000. In exchange, homeowners signed an agreement that granted MV Realty the exclusive right to list their home for up to 40 years. While the upfront cash may have seemed appealing at the time, the long-term consequences were severe. If a homeowner—or even their heirs—sold or transferred the property without using MV Realty as their agent, they were hit with a massive penalty equal to at least 3% of the home's value (as determined by MV Realty). ### The Title Problem: How This Affects Your Property Crucially for us in the title industry, MV Realty didn't just have homeowners sign a piece of paper; they recorded memoranda of these agreements with county recorder offices. This means the agreement became a matter of public land record, effectively clouding the title of the home. A recorded memorandum tied to a 40-year exclusive listing agreement acts much like a lien. If you want to sell, transfer, or refinance your property, this recorded agreement will surface during a title search. It can significantly complicate, delay, or even derail real estate transactions, creating a massive headache for homeowners who may not have fully understood the long-term financial implications when they signed. ### The Legal Resolution & Your Opportunity to Cancel After the Ohio Recorders' Association spotted this troubling trend in land records, they raised the alarm with the Ohio Attorney General’s Office. A subsequent investigation and lawsuit led to Ohio enacting a new law in October 2023 (R.C. 5301.94), which declared such long-term exclusive listing practices unfair and deceptive. As part of a resolution with the Attorney General, MV Realty is now required to offer affected homeowners statewide a one-time chance to walk away. ### How to Cancel Your MV Realty Contract If you signed one of these agreements, you must take action before the **April 29, 2026** deadline. Here is what you need to do: 1. **Notify MV Realty** of your intent to cancel. 2. **Pay a one-time $75 fee.** This covers the cost for MV Realty to officially record a termination document with your county recorder. 3. **Keep your initial payment.** You are *not* required to repay the upfront incentive money MV Realty originally paid you. Once the termination document is recorded, the memorandum is officially released from the public record, and your title is cleared of this heavy burden. ### What Should You Do Next? If you live in Delaware County, Recorder Melissa Jordan encourages you to search your property records via the [Delaware County Recorder’s online document portal](https://delaware.dts-central-oh.com/PaxWorld/) to see if an MV Realty agreement is attached to your home. If you believe you are affected and have questions, watch for correspondence from the Attorney General's office, or reach out to them directly with consumer inquiries at **MVRInquiries@OhioAGO.gov**. At Scioto Title, we believe that peace of mind comes from knowing exactly what is attached to your property. We highly encourage any homeowner who interacted with MV Realty to take advantage of this rare opportunity to clear their title before the April 29 deadline. *If you are looking to buy, sell, or refinance and want to ensure a smooth, transparent process with a clear title, contact the trusted experts at Scioto Title today!*   About Scioto Title LLC Scioto Title is a Central Ohio-based, independent title and escrow agency dedicated to the highest level of service and closing experience. By combining industry expertise with advanced security and proactive communication, we ensure seamless residential and commercial transactions for real estate professionals and their clients. At Scioto Title, service is our commitment.  \### Recent posts [Lindahl Earns National Title Professional (NTP) Designation](https://www.sciototitle.com/scioto-blog/lindahl-earns-national-title-professional-ntp-designation) [Why Central Ohio Real Estate Agents & Lenders Choose Scioto Title](https://www.sciototitle.com/scioto-blog/why-central-ohio-agents-lenders-choose-scioto-title) [Faster Closings, Fewer Surprises: Scioto Title Introduces Qualia Clear](https://www.sciototitle.com/scioto-blog/faster-closings-fewer-surprises-scioto-title-introduces-qualia-clear) [What Ohio Real Estate Professionals Need to Know About Seller Impersonation and Deed Fraud](https://www.sciototitle.com/scioto-blog/what-ohio-real-estate-professionals-need-to-know-about-seller-impersonation-and-deed-fraud) [Columbus City Council Passes Rental Registry and Property Inspection Ordinance](https://www.sciototitle.com/scioto-blog/columbus-city-council-passes-rental-registry-and-property-inspection-ordinance) [![Scioto Title Logo](https://www.sciototitle.com/hs-fs/hubfs/Scioto%20Title%20Sailboat%20Logo%20v4.png?width=225&height=41&name=Scioto%20Title%20Sailboat%20Logo%20v4.png "Scioto Title Logo")](https://sciototitle.com) 18 E. 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