Indiana Statutes
§ 34-55-6-1 — Real estate; rents and profits to be first offered for sale
Indiana·Title 34 CIVIL LAW AND PROCEDURE·Art. 55 EXECUTION OF JUDGMENTS·Ch. 6 Sale of Property on Execution
The estate or interest of the judgment debtor in
any real estate shall not be sold on execution until the rents and profits
of the real estate has been first offered for sale at public auction for a
period not exceeding seven (7) years. However, if the real estate does
not sell for a sum sufficient to satisfy the execution, the estate or
interest of the judgment debtor shall be sold by virtue of the execution.
[Pre-1998 Recodification Citation: 34-1-39-1.]
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Related
Dempsey v. JP Morgan Chase Bank, N.A.
272 F. App'x 499 (Seventh Circuit, 2008)
Legislative History
As added by P.L.1-1998, SEC.51.
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