Indiana Statutes

§ 32-28-14-9 — Voiding of lien for failure to foreclose

Indiana·Title 32 PROPERTY·Art. 28 LIENS ON REAL PROPERTY·Ch. 14 Homeowners Association Liens
(a)A homeowners association lien under this chapter is void if both of the following occur:
(1)The owner of the real estate subject to the homeowners association lien or any person or corporation having an interest in the real estate, including a mortgagee or a lienholder, provides written notice to the owner or holder of the lien to file an action to foreclose the lien.
(2)The owner or holder of the lien fails to file an action to foreclose the lien in the county where the real estate is located within one (1) year after the date the owner or holder of the lien received the notice described in subdivision (1). However, this section does not prevent the claim from being collected as other claims are collected by law.
(b)A person who gives notice under subsection (a)(1) by registered or

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Indiana § 32-28-14-9 (Voiding of lien for failure to foreclose) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

As added by P.L.135-2007, SEC.3. Amended by P.L.167-2009, SEC.4.

Nearby Sections

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