Sec. 5. If a plaintiff fails to pay the defendant the value of the improvements to the real property established under section 4 of this chapter after a reasonable time fixed by the court, the defendant may take the property after paying the plaintiff the appraised value of the property, minus the value of the improvements.
[Pre-2002 Recodification Citation: 32-15-3-5.]
As added by P.L.2-2002, SEC.15.