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

Indiana § 36-9-36-54

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

Text

(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.

Legislative History

As added by P.L.98-1993, SEC.7.