§ 34-55-11-1 — Liability of purchaser and redemptioner

Indiana § 34-55-11-1

• Jurisdiction: Indiana
• Title 34: CIVIL LAW AND PROCEDURE
• Art. 55: EXECUTION OF JUDGMENTS
• Ch. 11: Sale and Execution of Real Estate: Payment of Taxes

Text

(a) Whenever real estate is sold on execution
or by virtue of a decretal order at judicial sale, the owner of the
certificate of purchase may, during the year of redemption, pay to the
clerk of the court in whose office the certificate of purchase is required
to be recorded the amount of taxes and assessments becoming due and
payable against the real estate during the year of redemption.
(b) The clerk shall pay and discharge the taxes and assessments,
and, upon the redemption of the real estate, the amount so paid shall be
paid by the redemptioner and collected by the clerk as a part of the
amount necessary to redeem the real estate from sale.
[Pre-1998 Recodification Citation: 34-2-30-1.]

Legislative History

As added by P.L.1-1998, SEC.51.