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.
Structure Indiana Code
Chapter 24.5. Determination of Serial Tax Delinquencies
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
6-1.1-24.5-6. Order Finding That Serial Tax Delinquencies Exist
6-1.1-24.5-7. Consequences; Lien; Entitlement to Deed