560.4  Rights of parties to property.

The owner of the land may thereupon pay to the clerk of the court, for the benefit of the occupying claimant, the appraised value of the improvements and take the property and an execution may issue for the purpose of putting the owner of the land in possession thereof. Should the owner fail to make such payment within such reasonable time as the court may fix, the occupying claimant may pay to the clerk of the court, within such time as the court may fix, for the use of the owner of the land, the value of the property exclusive of the improvements and take and retain the property together with the improvements.

Section History: Early form

  [C51, § 1236--1238, 1243; R60, § 2267, 2272; C73, § 1979--1981, 1986; C97, § 2966, 2970; C24, 27, 31, 35, 39, § 10131; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 560.4]


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