Indiana Code — Title 6 (Taxation)
IC 6-1.1-25-7
Termination of purchaser's lien
Sec. 7. (a) If the:
# (1)
purchaser;
# (2)
purchaser's successors or assigns; or
# (3)
purchaser of the certificate of sale under IC 6-1.1-24;
fails to file the petition within the period provided in section 4.6 of this chapter, that person's lien against the real property terminates at the end of that period. However, this section does not apply if the state or a political subdivision is the holder of the certificate of sale.
(b) If the notice under section 4.5 of this chapter is not given within the period specified in section 4.5(a)(3) or 4.5(c)(3) of this chapter, the lien of the:
(1) purchaser of the property; or
(2) purchaser of the certificate of sale under IC 6-1.1-24;
against the real property terminates at the end of that period.
[Pre-1975 Property Tax Recodification Citation: 6-1-57-6.]
Formerly: Acts 1975, P.L.47, SEC.1. As amended by P.L.87-1987, SEC.9; P.L.61-1991,
SEC.4; P.L.37-1992, SEC.5; P.L.39-1994, SEC.19; P.L.31-1994, SEC.7; P.L.2-1995,
SEC.28; P.L.124-1998, SEC.9; P.L.139-2001, SEC.19; P.L.170-2003, SEC.13;
P.L.251-2015, SEC.25.
Amendment history
Formerly: Acts 1975, P.L.47, SEC.1. As amended by P.L.87-1987, SEC.9; P.L.61-1991, SEC.4; P.L.37-1992, SEC.5; P.L.39-1994, SEC.19; P.L.31-1994, SEC.7; P.L.2-1995, SEC.28; P.L.124-1998, SEC.9; P.L.139-2001, SEC.19; P.L.170-2003, SEC.13; P.L.251-2015, SEC.25.
Source: view the official text
Nearby sections (25 sections)
- 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- 6-1.1-25-4.2 · Repealed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;
- 6-1.1-25-4.8 · Property not offered for sale at tax sale; notice
- 6-1.1-25-4.9 · Real property parcels considered public hazards
- 6-1.1-25-5 · Tax deed; form
- 6-1.1-25-5.1 · Transfer of real property to a county or municipality
- 6-1.1-25-5.5 · Repealed
- 6-1.1-25-6 · Repealed
- 6-1.1-25-7 · Termination of purchaser's lien
- 6-1.1-25-7.5 · County having a consolidated city; list of tax delinquent
- 6-1.1-25-8 · Tax sale record; immunity
- 6-1.1-25-9 · Sale of property acquired by county; application of…
- 6-1.1-25-9.5 · Repealed
- 6-1.1-25-10 · Invalid sale; effect
- 6-1.1-25-11 · Circumstances requiring refund to purchaser on finding of
- 6-1.1-25-12 · Repealed
- 6-1.1-25-13 · Repealed
- 6-1.1-25-14 · Quieting title; parties to action
- 6-1.1-25-15 · Repealed
- 6-1.1-25-16 · Defeating title conveyed by tax deed; proof required
- 6-1.1-25-17 · Repealed