Statutes, codes, and regulations
Indiana Code
Title 32 - PROPERTYArticle 30 - CAUSES OF ACTION CONCERNING REAL PROPERTY
Chapter 3.1 - OCCUPYING CLAIMANT
Section 32-30-3.1-6 - Tenants in common; failure of plaintiff and defendant to make required payments

Ind. Code § 32-30-3.1-6

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Current through P.L. 171-2024
Section 32-30-3.1-6 - Tenants in common; failure of plaintiff and defendant to make required payments

If the plaintiff does not pay the defendant the appraised value of the improvements to the real property under section 4 of this chapter and the defendant does not pay the plaintiff the appraised value of the real property under section 5 of this chapter within the time fixed by the court, the parties will be held to be tenants in common of all the real property, including the improvements, each holding an interest proportionate to the value of the party's property as determined under section 5 of this chapter.

IC 32-30-3.1-6

Pre-2002 Recodification Citation: 32-15-3-6.

As added by P.L. 2-2002, SEC.15.