Indiana Code 32-29-7-10. Deed of conveyance; sheriff to deliver to purchaser and record with county; exception to recording requirement for HUD mortgages
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Sec. 10. (a) Immediately after a foreclosure sale under this chapter, the sheriff shall:
(2) except as provided in subsection (b), record with the recorder of the county in which the premises are located;
(1) execute and deliver to the purchaser; and
Terms Used In Indiana Code 32-29-7-10
- Clerk: means the clerk of the court or a person authorized to perform the clerk's duties. See Indiana Code 1-1-4-5
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Sheriff: means the sheriff of the county or another person authorized to perform sheriff's duties. See Indiana Code 1-1-4-5
- United States: includes the District of Columbia and the commonwealths, possessions, states in free association with the United States, and the territories. See Indiana Code 1-1-4-5
a deed of conveyance for the premises, which must be valid to convey all the right, title, and interest held or claimed by all of the parties to the action and all persons claiming under them. The sheriff shall file a return with the clerk of the court.
(b) The sheriff is not required to record the deed of conveyance for the premises under subsection (a)(2) if the mortgage involved in the foreclosure action resulting in the foreclosure sale under this chapter was insured by the United States Department of Housing and Urban Development.
[Pre-2002 Recodification Citation: 32-8-16-6.]
As added by P.L.2-2002, SEC.14. Amended by P.L.105-2009, SEC.17.