(a) When, after purchase, a person has resided in the dwelling for the required three (3) year period, brought the property into compliance with the required code standards, and otherwise complied with the terms of the person's agreement, the agency shall convey to the person a fee simple title to the property.(b) When, after purchase, a community organization has brought the property into compliance with the required code standards, documented its intent to list the property for sale, and otherwise complied with the terms of its agreement, the agency shall convey to it a fee simple title to the property.[Pre-Local Government Recodification Citation: 18-7-21-8.]As added by Acts 1981, P.L.309, SEC.36. Amended by P.L.177-2003, SEC.15.
Indiana Legal Code