Disposition; distribution of proceeds

Official textiga.in.govlast amended 2015

Sec. 8. If a petitioner acquires a deed to a tract or item of real property under section 7 of this chapter and the petitioner disposes of the tract or item of real property before the third anniversary of the date on which the deed to the tract or item of real property is issued by the county auditor, the proceeds of the disposition, if any, shall be disbursed in the same manner as if the tract or item of real property had been offered and sold at a tax sale under IC 6-1.1-24.
As added by P.L.236-2015, SEC.3.

Amendment history

As added by P.L.236-2015, SEC.3.

Source: view the official text

Nearby sections (25 sections)

6-1.1-24-15 · Repealed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
6-1.1-24.5-6 · Order finding that serial tax delinquencies exist
6-1.1-24.5-7 · Consequences; lien; entitlement to deed
6-1.1-24.5-8 · Disposition; distribution of proceeds
6-1.1-24.5-9 · Property interest conveyed
6-1.1-25-0.5 · Limited applicability of chapter to vacant and abandoned
6-1.1-25-1 · Redemption of property; conveyance during redemption
6-1.1-25-2 · Amount required for redemption
6-1.1-25-2.5 · Petition to establish schedule of fees and costs;…
6-1.1-25-3 · Redemption warrant
6-1.1-25-4 · Period for redemption; issuance of tax deed
6-1.1-25-4.1 · Property containing hazardous waste or other…
6-1.1-25-4.2 · Repealed
6-1.1-25-4.5 · Entitlement to tax deed under various circumstances;…
6-1.1-25-4.6 · Petition to court for issuance of tax deed; court orders;
6-1.1-25-4.7 · Title search and petition for tax deed by county auditor;

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