Indiana Statutes
§ 36-7-17.1-12 — Retention of deed by unit; property deemed municipal property; tax exemption
Indiana § 36-7-17.1-12
JurisdictionIndiana
Title 36LOCAL GOVERNMENT
Art. 7PLANNING AND DEVELOPMENT
Ch. 17.1Alternative Urban Homesteading Program for
This text of Indiana § 36-7-17.1-12 (Retention of deed by unit; property deemed municipal property; tax exemption) 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 § 36-7-17.1-12 (2026).
Text
Property acquired or held under this
chapter with retention of the deed by the unit is considered property of
the unit held for municipal purposes and is exempt from property
taxation. This property tax exemption becomes effective on the date of
conveyance to the unit. A petition to cancel taxes or a certified
application for exemption is not required for property acquired or held
under this chapter.
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Legislative History
As added by P.L.118-2013, SEC.16.
Nearby Sections
15
§ 36-1-10-1
Application of chapter§ 36-1-10-10
Plans, specifications, and estimates for structures, systems, and
transportation projects§ 36-1-10-11
Property held in fee simple; sale procedure§ 36-1-10-12
Lease in anticipation of acquisition or construction of structure, system,
or transportation project§ 36-1-10-13
Hearing; procedure; execution of lease§ 36-1-10-17
Annual appropriation and tax levy§ 36-1-10-18
Tax exemption of leased structures, systems, and transportation
projects; taxation of rental paid lessor§ 36-1-10-19
Assignment or conveyance of lease; conveyance of structure, system,
or transportation project§ 36-1-10-2
Definitions§ 36-1-10-20
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Bluebook (online)
Indiana § 36-7-17.1-12, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/36-7-17.1-12.