Indiana Statutes

§ 8-23-7-14 — Sale of surplus property separated from abutting parcel; offer to abutting property owner

Indiana·Art. 23 INDIANA DEPARTMENT OF·Ch. 7 Real Property Transactions
If a property found to be surplus under section 13 of this chapter abuts a parcel of land from which the surplus property was separated and acquired by the department, the surplus property must first be offered for sale to the owner of the abutting property. An offer under this section shall be made by certified mail to the last known address of the owner. If the owner accepts an offer under this section, the surplus property shall be conveyed to the owner by quitclaim deed upon payment to the department of not less than the fair market value of the property as determined by the appraisers of the department.

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Indiana § 8-23-7-14 (Sale of surplus property separated from abutting parcel; offer to abutting property owner) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

As added by P.L.18-1990, SEC.216.

Nearby Sections

15
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