Sec. 7. “Instrument” refers to any of the following:

(1) A deed.

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Terms Used In Indiana Code 4-20.5-1-7

  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
(2) A lease.

(3) Any other document that transfers property.

As added by P.L.7-1993, SEC.7.