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§ 12-1281 – Parties entitled to redeem property

12-1281. Parties entitled to redeem property Property sold subject to redemption, or any part sold separately, may be redeemed by the following persons or their successors in interest: 1. The judgment debtor or his successor in interest in the whole or any part of the property. 2. A creditor having a lien by judgment or […]

§ 12-1282 – Time for redemption

12-1282. Time for redemption A. The judgment debtor or his successors in interest may redeem at any time within thirty days after the date of the sale if the court determined as part of the judgment under which the sale was made that the property was both abandoned and not used primarily for agricultural or […]

§ 12-1283 – Redemption upon foreclosure

12-1283. Redemption upon foreclosure A. In sales upon foreclosure of mortgages or other liens the same periods of redemption as provided in section 12-1282 shall be allowed. B. If no redemption is made by the mortgagor or his successor in interest, creditors having liens upon the premises sold or any part thereof subsequent to the […]

§ 12-1284 – Notice of redemption by subsequent lienholder

12-1284. Notice of redemption by subsequent lienholder To entitle a subsequent lienholder to redeem he shall, within the applicable period of redemption as provided in section 12-1282, file with the county recorder of the county in which the sale is made a notice in writing stating that he intends to redeem and specifying his lien […]

§ 12-1285 – Amounts payable upon redemption

12-1285. Amounts payable upon redemption A. In redeeming property the judgment debtor shall pay the amount of the purchase price with eight per cent added thereto, together with the amount of any assessments or taxes which the purchaser has lawfully paid thereon after purchase, and interest on such amount. B. Each subsequent redemptioner shall pay […]

§ 12-1286 – Execution and delivery of deed by sheriff

12-1286. Execution and delivery of deed by sheriff A. At the expiration of all the applicable periods of redemption as provided in section 12-1282, and not sooner, upon receipt of the sheriff’s original certificate of sale, the sheriff shall execute and deliver a deed to the property sold to the purchaser at the sale, or […]

§ 12-1287 – Delivery and service of papers by redeeming creditor

12-1287. Delivery and service of papers by redeeming creditor A. A redeeming creditor shall deliver to the officer or person from whom he seeks to redeem and serve with his notice to the sheriff: 1. A copy of the docket of the judgment under which he claims the right to redeem, certified by the clerk […]

§ 12-1288 – Right to rents and profits; accounting and action

12-1288. Right to rents and profits; accounting and action A. The purchaser, from the time of the sale until redemption, and a creditor from the time of his redemption until another redemption, is entitled to receive from the tenant in possession the rents of the property sold or the value of the use and occupation […]