The Ohio Payoff form serves as a critical tool for those engaged in the process of securing payoff information related to debts owed to the State of Ohio. There are two Regulation Z payoff statement requirements.Loan payoff statements tell borrowers how much they must pay to close out a loan. Due to interest, etc. The Ohio Payoff form is a crucial document designed to facilitate the release of liens and the resolution of debts owed to the State of Ohio. The certified pay-off statement shall be valid for a period of thirty days after the date it was issued. Last updated September 8, 2021 at PM. This form includes several fields necessary for processing a payoff request.