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Terms Used In Indiana Code 32-31-1-12

  • 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
   Sec. 12. A sublessee has the same remedy under the original lease against the chief landlord as the sublessee would have had against the immediate lessor.

[Pre-2002 Recodification Citation: 32-7-1-11.]

As added by P.L.2-2002, SEC.16.