11-310 TITLE TO REAL PROPERTY -- RIGHT OF REDEMPTION -- CERTIFICATE OF SALE.
ENFORCEMENT OF JUDGMENTS IN CIVIL ACTIONS
CHAPTER 3
LEVY AND SALE UNDER EXECUTION
11-310. Title to real property -- Right of redemption -- Certificate of sale. Upon a sale of real property the purchaser is substituted to, and acquires all the right, title, interest and claim of the judgment debtor thereto; and all his right, title, interest and claim thereto at any time during any subsisting lien thereon by attachment in the action, or by the docketing of the judgment. When the estate is less than a leasehold of two (2) years’ unexpired term, the sale is absolute. In all other cases the property is subject to redemption, as provided in the next chapter. The officer must give to the purchaser a certificate of sale containing:
1. A particular description of the real property sold.
2. The price bid for each distinct lot or parcel.
3. The whole price paid.
4. When subject to redemption, it must be so stated. And when the judgment, under which the sale has been made, is made payable in a specified kind of money or currency, the certificate must also show the kind of money or currency in which such redemption may be made, which must be the same as that specified in the judgment. A duplicate of such certificate must be filed for record by the officer in the office of the recorder of the county.