Upon the written request of all of the interested parties to have the building, or portions of the building, demolished, because repair and rehabilitation of the building are found not to be feasible, the court may order the demolition. However, no demolition shall be ordered unless the requesting parties have paid the costs of demolition and of the receivership, and all notes, certificates, and mortgages of the receivership.
History of Section.
P.L. 1986, ch. 447, § 1; P.L. 1992, ch. 254, § 1.