Sec. 9. (a) When, after purchase, a person has resided in the dwelling for the required three (3) year period, brought the property into compliance with the required code standards, and otherwise complied with the terms of the person’s agreement, the agency shall convey to the person a fee simple title to the property.

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Terms Used In Indiana Code 36-7-17-9

  • Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
     (b) When, after purchase, a community organization has brought the property into compliance with the required code standards, documented its intent to list the property for sale, and otherwise complied with the terms of its agreement, the agency shall convey to it a fee simple title to the property.

[Pre-Local Government Recodification Citation: 18-7-21-8.]

As added by Acts 1981, P.L.309, SEC.36. Amended by P.L.177-2003, SEC.15.

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