§ 32-30-10-12 — Sale of property in parcels

Indiana § 32-30-10-12

• Jurisdiction: Indiana
• Title 32: PROPERTY
• Art. 30: CAUSES OF ACTION CONCERNING REAL
• Ch. 10: Mortgage Foreclosure Actions

Text

(a) In cases under this chapter, the court
shall ascertain whether the property can be sold in parcels. If the
property can be sold in parcels without injury to the interest of the
parties, the court shall direct that only as much of the premises be sold
as will be sufficient to pay the amount due on the mortgage, with costs,
and the judgment shall remain and be enforced upon any subsequent
default, unless the amount due is paid before execution of the judgment
is completed.
(b) If the mortgaged premises cannot be sold in parcels, the court
shall order the whole mortgaged premises to be sold.
[Pre-2002 Recodification Citations: 32-15-6-9;
32-15-6-10.]

Legislative History

As added by P.L.2-2002, SEC.15.