Public improvement assessments; expiration of liens
Sec. 3. (a) Except as provided in subsection (b), the lien of an
assessment for a:
(1) street;
(2) sewer;
(3) sidewalk;
(4) ditch; or
(5) other public improvement;
expires five (5) years after the assessment (including any installment
payments) is due and payable, as shown by the record creating the
lien.
(b) If an assessment is payable in installments, an action to
enforce the lien may be brought within fifteen (15) years after the
date of the approval of the record creating the lien. After the
expiration of this time period, upon the request of the owner of
record of the encumbered real estate, the custodian of the record
evidencing the lien, in the jurisdiction in which the real estate is
situated, shall certify on the record that the lien of the assessment for
street, sewer, sidewalk, ditch, or other public improvement is
satisfied and released by lapse of time and that the encumbered real
estate is released from the lien.
As added by P.L.2-2002, SEC.13.
Last modified: May 24, 2006