Succession of lien; action to reinstate record
Sec. 1. (a) Except as provided in subsections (b) and (c), if the
record of a judgment of an Indiana court that would otherwise be a
lien upon real estate is destroyed, six (6) months after the date when
the record is destroyed the judgment ceases to be a lien upon any real
estate as against any right, title, lien on or interest in the real estate
accruing to or acquired by any person for a valuable consideration
and without notice.
(b) The record of a judgment does not cease to be a lien under
subsection (a) six (6) months after the date when the record is
destroyed if the judgment plaintiff or the assignee or owner of the
judgment, less than six (6) months after the date when the record is
destroyed, files an action to reinstate the record of the judgment in
the court having jurisdiction of the record.
(c) If the plaintiff obtains a judgment or decree in the action filed
under subsection (b), the filing of the action to reinstate the record
preserves the lien of the judgment in the same manner and to the
same extent as if the record had not been destroyed.
As added by P.L.2-2002, SEC.13.
Last modified: May 24, 2006