Sec. 6. 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.
[Pre-2002 Recodification Citation: 32-15-3-6.]
As added by P.L.2-2002, SEC.15.
Structure Indiana Code
Article 30. Causes of Action Concerning Real Property
Chapter 3.1. Occupying Claimant
32-30-3.1-1. Finding That Occupant Not Rightful Owner; Order to Give Possession to Plaintiff
32-30-3.1-2. Complaint; Requirements
32-30-3.1-3. Trial; Required Assessments
32-30-3.1-4. Payment for Improvements; Possession
32-30-3.1-5. Failure to Pay Value of Improvements; Possession by Defendant; Payments to Plaintiff
32-30-3.1-6. Tenants in Common; Failure of Plaintiff and Defendant to Make Required Payments
32-30-3.1-7. Good Faith Purchaser
32-30-3.1-8. Occupant's Color of Title; Requirements
32-30-3.1-9. Recovery for Lasting Improvements
32-30-3.1-10. Execution for Possession
32-30-3.1-11. Writ for Possession of Land; Required Payments