514.16 SEVERANCE OF BUILDING, RESALE, RECEIVER.
If, without material injury to the building or other improvement to which the lienholder has
contributed, the same can be severed and removed from the land, the judgment, in the discretion
of the court, may direct the sale of such improvement, with the privilege to the purchaser of
removing the same at any time within 60 days, unless before such removal the owner or other
person interested in the land shall pay to the sheriff, for the purchaser, the amount realized from
the sale, with interest and all expenses incurred toward such removal. If in any case the sale be not
confirmed, the court may direct a resale, or, if deemed best, may appoint a receiver to lease or
otherwise handle the property, under its direction, in the interests of all persons concerned. And
in all cases of liens arising under section
, such receivership may be created in the first
instance instead of directing a sale of the property.
History: (8505) RL s 3519