Sale of premises

Ind. Code § 32-29-1-3
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
Sec. 3. A mortgage of real estate, including an instrument having the legal effect of a mortgage, may not authorize the mortgagee to sell the mortgaged property. The sale of mortgaged property by the mortgagee may only be made under a judicial proceeding. [Pre-2002 Recodification Citation: 32-8-11-3.] As added by P.L.2-2002, SEC.14.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/32Fetched: 10/17/2026

Starting a business in Indiana? Indiana LLC guide: costs and requirements