Indiana Code > Title 21 > Article 35 > Chapter 7 – Revenue Producing Property; Financing Agreements With a Developer or User
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Terms Used In Indiana Code > Title 21 > Article 35 > Chapter 7 - Revenue Producing Property; Financing Agreements With a Developer or User
- 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
- Property: includes personal and real property. See Indiana Code 1-1-4-5