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Terms Used In Indiana Code 36-7-38-15

  • 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. 15. IC 36-1-11 does not apply to a sale, transfer, or lease of property by the land bank.

As added by P.L.211-2016, SEC.1.