Indiana Code 23-0.5-1.5-43. “Transfer”
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Sec. 43. “Transfer” includes:
(2) a conveyance;
(1) an assignment;
Terms Used In Indiana Code 23-0.5-1.5-43
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- 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
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
(3) a sale;
(4) a lease;
(5) an encumbrance, including a mortgage or security interest;
(6) a gift; and
(7) a transfer by operation of law.
As added by P.L.118-2017, SEC.5.