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14-86-1501. Right of purchaser to possession.
Arkansas Code — all titles (historical 2020) · legal_authorities
14-86-1501. Right of purchaser to possession.
(a) In all sales made by commissioners under decrees of chancery courts for foreclosure of delinquent special assessments in drainage, levee, and bridge districts, improvement districts in cities and towns, and in all special assessment districts of every kind, the court may approve the sale subject to the right of redemption.
(b) Immediately upon approval, the purchaser shall have the right to possession of the lands and premises so sold and may have process therefor.
(c) The purchaser, while so in possession, shall not be accountable for rents upon redemption. However, the purchaser shall not dispose of nor injure the timber nor minerals nor fixtures upon the property until the expiration of the right of redemption and shall not recover in case of redemption for improvements upon the property.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-86-1501
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Record provenance
Stable record: arkansas_code:legal_authorities:14-86-1501
Source file: gov.ar.code.title.14.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 933872e813cb7f9feb1e20fd89bd212e02a87520857a5e35b35ae21c5351f006
Source location: content.xml paragraph 21412
Stored source content
14-86-1501. Right of purchaser to possession.
(a) In all sales made by commissioners under decrees of chancery courts for foreclosure of delinquent special assessments in drainage, levee, and bridge districts, improvement districts in cities and towns, and in all special assessment districts of every kind, the court may approve the sale subject to the right of redemption.
(b) Immediately upon approval, the purchaser shall have the right to possession of the lands and premises so sold and may have process therefor.
(c) The purchaser, while so in possession, shall not be accountable for rents upon redemption. However, the purchaser shall not dispose of nor injure the timber nor minerals nor fixtures upon the property until the expiration of the right of redemption and shall not recover in case of redemption for improvements upon the property.
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