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Terms Used In Indiana Code 34-30-2.1-1.5

  • 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
   Sec. 1.5. IC 1-1-16-11(c) (Concerning the sale, lease, or acquisition of property adjacent to a military installation to a prohibited person).

As added by P.L.118-2023, SEC.4.