SHORE WEST CONSTR. CO. v. SROKA

Nos. 90-373 and 90-681.

61 Ohio St.3d 45 (1991)

SHORE WEST CONSTRUCTION CO., APPELLEE, v. SROKA ET AL., APPELLANTS.

Supreme Court of Ohio.

Decided June 26, 1991.


Attorney(s) appearing for the Case

Gareau & Dubelko Co., L.P.A., Michael R. Gareau and William L. Costello, for appellee.

Donahue & Scanlon, Harvey Labovitz and Lawrence S. Crowther, for appellants.


MOYER, C.J.

Upon review, we hold that a loan obtained for purposes of purchasing real estate may be a "consumer loan" under R.C. 2323.13(E)(1).

R.C. 2323.13(E) states in pertinent part:

"A warrant of attorney to confess judgment * * *, arising out of a consumer loan or consumer transaction, is invalid and the court shall have no jurisdiction to render a judgment based upon such a warrant. * * *

"* * *

"As used in this section:

...

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