Ind. Code § 6-1.1-23.9-3

Current through P.L. 171-2024
Section 6-1.1-23.9-3 - "Substantial property interest of public record"
(a) "Substantial property interest of public record" means title to or interest in a tract that is within the tract's chain of record title and:
(1) possessed by a person; and
(2) either:
(A) recorded in the office of the county recorder for the county in which the tract is located; or
(B) available for public inspection and properly indexed in the office of the circuit court clerk in the county in which the tract is located;

not later than the hour and date a sale is scheduled to commence under IC 6-1.1-24.

The term does not include a lien held by the state or a political subdivision.

(b) For purposes of IC 6-1.1-24 and IC 6-1.1-25 only, chain of record title includes instruments executed by the owner and recorded within the five (5) day period before the date the owner acquires title to the tract.

IC 6-1.1-23.9-3

Amended by P.L. 187-2018,SEC. 2, eff. 7/1/2018.
Added by P.L. 99-2018,SEC. 1, eff. 7/1/2018.