Indiana § 36-9-36-54 Foreclosure actions; amount of recovery; sale procedure

Indiana Statutes

§ 36-9-36-54 — Foreclosure actions; amount of recovery; sale procedure

Indiana·Title 36 LOCAL GOVERNMENT·Art. 9 TRANSPORTATION AND PUBLIC WORKS·Ch. 36 Barrett Law Funding for Counties and Municipalities

(a)In a foreclosure action brought under this chapter, the plaintiff is entitled to recover the amount of the assessment, principal and interest, and reasonable attorney's fees. The court shall order the sale to be made without relief from valuation or appraisement law.

(b)The county sheriff shall sell the property in the same way that lands are sold on execution. The sheriff shall, not later than five (5) days after the sale, execute a certificate of sale to the purchaser. The certificate of sale vests title in the purchaser when the certificate of sale is delivered. Title vested by a certificate of sale is subject only to the right to redeem under section 55 of this chapter.

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(a) In a foreclosure action brought under this
chapter, the plaintiff is entitled to recover the amount of the
assessment, principal and interest, and reasonable attorney's fees. The
court shall order the sale to be made without relief from valuation or
appraisement law.
(b) The county sheriff shall sell the property in the same way that
lands are sold on execution. The sheriff shall, not later than five (5)
days after the sale, execute a certificate of sale to the purchaser. The
certificate of sale vests title in the purchaser when the certificate of sale
is delivered. Title vested by a certificate of sale is subject only to the
right to redeem under section 55 of this chapter.

Indiana § 36-9-36-54 (Foreclosure actions; amount of recovery; sale procedure) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.