"Severed interest"

Official textiga.in.govlast amended 2023

Sec. 2.5. "Severed interest" means:

# (1)

an improvement;

# (2)

mineral rights;

# (3)

air rights;

# (4)

water rights; or

# (5)

other rights in property in, on, under, or above the land;
for which the owner or holder of the interest identified in the current real property tax records of the county auditor is sent a separate property tax statement.
As added by P.L.7-2023, SEC.1.

Amendment history

As added by P.L.7-2023, SEC.1.

Source: view the official text

Nearby sections (25 sections)

6-1.1-23.5-13 · Application for judgment and order for sale
6-1.1-23.5-14 · Examination; hearing; objections; judgment and order…
6-1.1-23.5-15 · Public auction; proceeds of sale; claims for surplus…
6-1.1-23.5-16 · Failure to pay bid
6-1.1-23.5-17 · Insufficient bids
6-1.1-23.5-18 · Mobile home not sold; statement of collection costs
6-1.1-23.5-19 · Disqualified purchasers; certain unpaid liabilities
6-1.1-23.5-20 · Disqualified purchasers; unauthorized business…
6-1.1-23.5-21 · Performance of duties of county treasurer or county…
6-1.1-23.9-0.5 · Applicability
6-1.1-23.9-1 · "County executive"
6-1.1-23.9-2 · "Necessary repairs"
6-1.1-23.9-2.5 · "Severed interest"
6-1.1-23.9-3 · "Substantial property interest of public record"
6-1.1-24-0.9 · Prohibition from tax sale for real property owned by a…
6-1.1-24-1 · Delinquency list; certification
6-1.1-24-1.2 · Removal of property from delinquency list; arrangement…
6-1.1-24-1.4 · Orders for necessary repairs
6-1.1-24-1.5 · Vacant or abandoned real property list; auction; notice
6-1.1-24-1.7 · Properties not suitable for tax sale; notice
6-1.1-24-1.9 · Repealed
6-1.1-24-2 · Notice of tax sale; information required in notice; county
6-1.1-24-2.1 · Repealed
6-1.1-24-2.2 · Repealed
6-1.1-24-2.3 · Notice of sale of vacant or abandoned property

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