Indiana Code 36-9-36-53. Foreclosure actions; defenses
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Sec. 53. (a) A defense to a foreclosure action may not be based on any of the following:
(2) The propriety or expediency of any improvement.
(1) Any irregularity in the proceedings making, ordering, or directing the assessment.
Terms Used In Indiana Code 36-9-36-53
- 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
- Property: includes personal and real property. See Indiana Code 1-1-4-5
(b) A property owner may not raise any defense to a foreclosure action if the owner has done the following:
(1) Exercised the option to pay the owner’s assessment in installments.
(2) Signed a waiver.
As added by P.L.98-1993, SEC.7.