Guarantee by treasurer
Sec. 10. (a) When a certificate of sale is issued under section 9 of
this chapter, the county treasurer shall indorse upon, or attach to, the
certificate of sale a written guarantee which is signed by the treasurer
and which warrants:
(1) that the taxes and special assessments upon the real property
described in the certificate of sale are delinquent and were
unpaid at the time of sale; and
(2) that the real property is eligible for sale under this chapter.
(b) If the county treasurer, before the time of making the guarantee
required by this section, received payment of the delinquent taxes or
special assessments for which the real property was sold, the holder
of the certificate is entitled to the amount due for an invalid sale
under IC 6-1.1-25-10.
(Formerly: Acts 1975, P.L.47, SEC.1.) As amended by P.L.139-2001,
SEC.9.
Last modified: May 28, 2006