Enforcement of lien
Sec. 6. (a) A person may enforce a lien by filing a complaint in
the circuit or superior court of the county where the real estate or
property that is the subject of the lien is situated. The complaint must
be filed not later than one (1) year after:
(1) the date the statement and notice of intention to hold a lien
was recorded under section 3 of this chapter; or
(2) subject to subsection (c), the expiration of the credit, if a
credit is given.
(b) Except as provided in subsection (c), if a lien is not enforced
within the time set forth in subsection (a), the lien is void.
(c) A credit does not extend the time for filing an action to
enforce the lien under subsection (a)(2) unless:
(1) the terms of the credit are in writing;
(2) the credit was executed by:
(A) the lienholder; and
(B) all owners of record; and
(3) the credit was recorded:
(A) in the same manner as the original statement and notice
of intention to hold a lien; and
(B) not later than one (1) year after the date the statement
and notice of intention to hold a lien was recorded.
(d) If the lien is foreclosed under this chapter, the court rendering
judgment shall order a sale to be made of the property subject to the
lien. The officers making the sale shall sell the property without any
relief from valuation or appraisement laws.
As added by P.L.2-2002, SEC.13.
Last modified: May 24, 2006