Indiana Code 32-32-3-11. Action for partition; judicial sale
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Terms Used In Indiana Code 32-32-3-11
- Tenancy in common: A type of property ownership in which two or more individuals have an undivided interest in property. At the death of one tenant in common, his (her) fractional percentage of ownership in the property passes to the decedent
Sec. 11. An action for partition of a time share unit or camping site may not be maintained except as provided in the time share instrument. If a time share or camping site is owned by two (2) or more persons, an action may be brought for the judicial sale of the time share or camping site. A provision in a time share instrument for the waiver or subordination of the right of partition or any other right characteristic of a tenancy in common is valid.
[Pre-2002 Recodification Citation: 24-5-9-32.]
As added by P.L.2-2002, SEC.17.