Sec. 5. If a plaintiff fails to pay the defendant the value of the improvements to the real property established under section 4 of this chapter after a reasonable time fixed by the court, the defendant may take the property after paying the plaintiff the appraised value of the property, minus the value of the improvements.
Ind. Code § 32-30-3.1-5
Failure to pay value of improvements; possession by defendant; payments to plaintiff
As added by P.L.2-2002, SEC.15.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.