Priority of purchaser's lien at subsequent sale

Official textiga.in.govlast amended 1975

Sec. 12. Whenever real property is sold more than once under this chapter, the purchaser at the later sale acquires a first and prior lien on the real property as against the purchaser at the prior sale. The issuance of a certificate of sale, the execution and delivery of a deed for the real property to the purchaser at the prior sale, or the recording of such a deed does not affect the priority established in this section.
[Pre-1975 Property Tax Recodification Citation: 6-1-56-13.]
Formerly: Acts 1975, P.L.47, SEC.1.

Amendment history

Formerly: Acts 1975, P.L.47, SEC.1.

Source: view the official text

Nearby sections (25 sections)

6-1.1-24-6.4 · Distribution of proceeds of sale of certificates of…
6-1.1-24-6.5 · Repealed
6-1.1-24-6.6 · Repealed
6-1.1-24-6.7 · Transfer of property to a nonprofit entity
6-1.1-24-6.8 · Transfer of parcels and certificates of sale to adjacent
6-1.1-24-6.9 · Transfer of property to a person able to repair and…
6-1.1-24-7 · Payment of sale price; application of payment; tax sale…
6-1.1-24-7.5 · Limitations on agreements for recovery of money…
6-1.1-24-8 · Failure to pay bid; effect
6-1.1-24-9 · Certificate of sale; contents; purchaser's lien; ordinance;
6-1.1-24-10 · Guarantee by treasurer
6-1.1-24-11 · Certificate of sale as presumptive evidence
6-1.1-24-12 · Priority of purchaser's lien at subsequent sale
6-1.1-24-13 · Placement of costs on tax duplicate of unsold tract;…
6-1.1-24-14 · Duties regarding conduct of tax sale
6-1.1-24-15 · Repealed
6-1.1-24-16 · Paddle fee
6-1.1-24-17 · Assignment of a certificate of sale to a nonprofit entity
6-1.1-24-17.5 · Sale of real property to eligible nonprofit entities…
6-1.1-24-18 · Real property with mineral interests
6-1.1-24.5-1 · Definitions
6-1.1-24.5-2 · Authorization to file petition
6-1.1-24.5-3 · Petition elements
6-1.1-24.5-4 · Service of petition
6-1.1-24.5-5 · Order to appear

Full table of contents →