Sec. 4.5. (a) This section does not apply to a party foreclosing on a mortgage executed on a tract offered for sale under this chapter. (b) This section applies to the following: (1) A person who: (A) owns a fee interest, a life estate interest, or the equitable interest of a contract purchaser in an unsafe building or unsafe premises; and (B) is subject to an order issued under IC 36-7-9-5 (a)(2), IC 36-7-9-5 (a)(3), IC 36-7-9-5 (a)(4), or IC 36-7-9-5 (a)(5) regarding which the conditions set forth in IC 36-7-9-10 (a)(1) through IC 36-7-9-10 (a)(4) exist. (2) A person who: (A) owns a fee interest, a life estate interest, or the equitable interest of a contract purchaser in an unsafe building or unsafe premises; and (B) is subject to an order issued under IC 36-7-9-5 (a), other than an order issued under IC 36-7-9-5 (a)(2), IC 36-7-9-5 (a)(3), IC 36-7-9-5 (a)(4), or IC 36-7-9-5 (a)(5), regarding which the conditions set forth in IC 36-7-9-10 (b)(1) through IC 36-7-9-10 (b)(4) exist. (3) A person who is the defendant in a court action brought under IC 36-7-9-18 , IC 36-7-9-19 , IC 36-7-9-20 , IC 36-7-9-21 , or IC 36-7-9-22 that has resulted in a judgment in favor of the plaintiff and the unsafe condition that caused the action to be brought has not been corrected. (4) A person who has any of the following relationships to a person, partnership, corporation, or legal entity described in subdivision (1), (2), (3), or (5): (A) A partner of a partnership. (B) A member of a limited liability company. (C) An officer, director, or majority stockholder of a corporation. (D) The person who controls or directs the activities or has a majority ownership in a legal entity other than a partnership or corporation. (5) A person who owes: (A) delinquent taxes; (B) special assessments; (C) penalties; (D) interest; or (E) costs directly attributable to a prior tax sale; on a tract or an item of real property listed under IC 6-1.1-24-1 . (6) A person who owns a fee interest, a life estate interest, or the equitable interest of a contract purchaser in a vacant or abandoned structure subject to an enforcement order under IC 32-30-6 , IC 32-30-7 , IC 32-30-8 , or IC 36-7-9 , or a court order under IC 36-7-37 . (7) A person who is an agent of a person described in this subsection. (8) A person who: (A) is delinquent in the payment of any personal property taxes; or (B) is subject to an existing personal property tax judgment; under IC 6-1.1-22-9 . (c) A person subject to this section may not bid on or purchase a tract offered for sale under section 4 of this chapter. (d) A business entity may not bid on or purchase a tract offered for sale under section 4 of this chapter if: (1) a person subject to this section: (A) formed the business entity; (B) joined with another person or party to form the business entity; or (C) joined the business entity as a proprietor, incorporator, partner, shareholder, director, employee, or member; or (2) a person subject to this section: (A) becomes an agent, employee, or board member of the business entity; or (B) is not an attorney at law and represents the business entity in a legal matter.
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