Indiana § 34-55-6-18 Failure of purchaser to pay for property; damages

Indiana Statutes

§ 34-55-6-18 — Failure of purchaser to pay for property; damages

Indiana § 34-55-6-18

Title 34CIVIL LAW AND PROCEDURE

Art. 55EXECUTION OF JUDGMENTS

Ch. 6Sale of Property on Execution

This text of Indiana § 34-55-6-18 (Failure of purchaser to pay for property; damages) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 34-55-6-18 (2026).

Text

Whenever the purchaser of property sold on execution fails or refuses to pay the purchase money, the purchaser is liable, on motion made by the sheriff or the execution plaintiff or defendant in the proper court on five (5) days notice, to a judgment for the amount of:

(1)the purchase money;

(2)damages not exceeding ten percent (10%);

(3)interest; and

(4)costs. No stay of execution shall be allowed upon the judgment. [Pre-1998 Recodification Citation: 34-1-39-14.]

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Whenever the purchaser of property sold on
execution fails or refuses to pay the purchase money, the purchaser is
liable, on motion made by the sheriff or the execution plaintiff or
defendant in the proper court on five (5) days notice, to a judgment for
the amount of:
(1) the purchase money;
(2) damages not exceeding ten percent (10%);
(3) interest; and
(4) costs.
No stay of execution shall be allowed upon the judgment.
[Pre-1998 Recodification Citation: 34-1-39-14.]