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Indiana Code Title 32. Property § 32-28-12.5-17

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 17. Valid recorded liens, mortgages, and other encumbrances that are recorded before a principal broker's notice of lien under this chapter have priority over a principal broker's lien under this chapter.  Prior recorded liens, mortgages, and encumbrances that have priority under this section include:

(1) a valid mechanic's lien that is recorded after a principal broker's notice of lien under this chapter, but that relates back to a date before the recording date of the principal broker's notice of lien;  and

(2) prior recorded liens securing revolving credit and future advances of construction loans.

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Cite this article: FindLaw.com - Indiana Code Title 32. Property § 32-28-12.5-17 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-32-property/in-code-sect-32-28-12-5-17/

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