12-1288

12-1288. Right to rents and profits;
accounting and action

A. The purchaser, from the time of the sale until redemption, and a creditor from
the time of his redemption until another redemption, is entitled to receive from the
tenant in possession the rents of the property sold or the value of the use and
occupation thereof. When the rents or profits have been received by the purchaser or
prior redemptioner, preceding redemption, the amount thereof shall be a credit upon the
redemption money to be paid.

B. If the redemptioner or judgment debtor, before expiration of the time allowed
for redemption, demands, in writing, of the purchaser or prior redemptioner a written and
certified statement of the amounts of the rents and profits thus received, the period for
redemption is extended five days after the sworn statement is given.

C. If the purchaser or prior redemptioner, for a period of one month after demand
fails or refuses to give the statement as provided in subsection B, the redemptioner or
debtor may bring an action to compel an accounting and disclosure of the rents and
profits, and the right of redemption is extended until fifteen days from and after the
final determination of the action.