Indiana Statutes

§ 8-23-7-21 — Exchange of lands, rights, and easements; improvement completion requirement

Indiana·Art. 23 INDIANA DEPARTMENT OF·Ch. 7 Real Property Transactions
An exchange agreement under section 19 of this chapter is not completed until the improvements specified in the agreement have been constructed in accordance with the plans and specifications approved by the department. The department may not pay or receive any difference in value between the real properties exchanged until the improvements are completed and approved.

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Legislative History

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

Nearby Sections

15
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