Indiana Code - Motor Vehicles - Title 9, Section 9-22-1.5-5

Results of auction

Sec. 5. (a) Upon payment of the bid price by the purchaser, the

property owner shall provide the purchaser with the affidavit of sale
or disposal described in this chapter.
(b) If the auction produces no purchaser, the mobile home
becomes the property of the property owner, and the property owner
shall note that fact on the affidavit of sale or disposal.
(c) If the property owner wishes to donate the mobile home to any
willing donee, a property owner who has obtained ownership of a
mobile home under this section may transfer ownership to a willing
donee by listing the donee as the purchaser on the affidavit of sale or
disposal.
(d) If the auction produces no purchaser and the property owner
does not intend to sell or transfer the mobile home to another person,
the property owner may, without further administrative application,
dismantle the unit for salvage or disposal.
(e) A property owner or willing donee who obtains ownership of
a mobile home under this section has the same right of ownership as
a purchaser who was the highest bidder at auction.

As added by P.L.108-2001, SEC.5.

Last modified: May 27, 2006