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Terms Used In Indiana Code 36-7-15.5-18

  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
   Sec. 18. Each assessment is a lien on the real property that is assessed, second only to taxes levied on that property.

As added by P.L.194-1988, SEC.1.