Indiana Statutes

§ 34-55-6-7 — Rents and profits; maximum term of lease

Indiana·Title 34 CIVIL LAW AND PROCEDURE·Art. 55 EXECUTION OF JUDGMENTS·Ch. 6 Sale of Property on Execution
If rents and profits are sold under section 6 of this chapter (or IC 34-1-39-2 before its repeal), only the number of years of rents and profits not exceeding seven (7) years shall be sold as will satisfy the execution, and no more. The sheriff shall execute a lease to the purchaser for the term sold. [Pre-1998 Recodification Citation: 34-1-39-3.]

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Legislative History

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

Nearby Sections

15
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