Indiana Code > Title 5 > Article 1.2 > Chapter 2 – Definitions
Terms Used In Indiana Code > Title 5 > Article 1.2 > Chapter 2 - Definitions
- abandoned aircraft: means an aircraft:
Indiana Code 32-33-10.5-1
- Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
- agricultural operation: includes any facility used for the production of crops, livestock, poultry, livestock products, poultry products, or horticultural products or for growing timber. See Indiana Code 32-30-6-1
- aircraft: means any contrivance used or designed for navigation of or flight in the air. See Indiana Code 32-33-10.5-2
- Allegation: something that someone says happened.
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
- Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
- Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
- Appellate: About appeals; an appellate court has the power to review the judgement of another lower court or tribunal.
- applicable offense: refers to any of the following:
Indiana Code 32-31-9-3
- applicant: means an individual who applies to a landlord to enter into a lease of a dwelling unit. See Indiana Code 32-31-9-4
- Appraisal: A determination of property value.
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
- Attorney: includes a counselor or other person authorized to appear and represent a party in an action or special proceeding. See Indiana Code 1-1-4-5
- Attorney-in-fact: A person who, acting as an agent, is given written authorization by another person to transact business for him (her) out of court.
- auctioneer: means an auctioneer licensed under Indiana Code 32-29-7-1
- auctioneer: means an auctioneer licensed under Indiana Code 32-30-10-1
- authority: refers to the Indiana housing and community development authority created by IC 5-20-1-3. See Indiana Code 32-30-10.5-1.2
- Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- broker company: has the meaning set forth in Indiana Code 32-28-12.5-0.5
- Clerk: means the clerk of the court or a person authorized to perform the clerk's duties. See Indiana Code 1-1-4-5
- Clerk of court: An officer appointed by the court to work with the chief judge in overseeing the court's administration, especially to assist in managing the flow of cases through the court and to maintain court records.
- commercial real estate: means any real estate other than:
Indiana Code 32-28-12.5-1
- common expenses: means :
Indiana Code 32-28-14-1
- Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
- common law lien: means a lien against real or personal property that is not:
Indiana Code 32-28-13-1
- communications infrastructure: includes all wires, cable, and other similar facilities used to provide communications service. See Indiana Code 32-30-16-2
- communications service: has the meaning set forth in Indiana Code 32-30-16-3
- Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
- construction machinery and equipment: includes all classes and types of machinery and equipment used in road construction, road maintenance, earth moving, and building construction work. See Indiana Code 32-33-10-1
- Continuance: Putting off of a hearing ot trial until a later time.
- Contract: A legal written agreement that becomes binding when signed.
- contract: means an oral or a written contract. See Indiana Code 32-30-1-2
- cooperative housing association: means a consumer cooperative that provides dwelling units to its members. See Indiana Code 32-31-3-2
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- creditor: means a person:
Indiana Code 32-30-10.5-2
- creditor: means the person who has lawfully repossessed a vehicle. See Indiana Code 32-34-4-1
- customer: means any individual or entity who contracts with or causes a fabricator to use a die, mold, form, jig, or pattern to manufacture, assemble, or otherwise make a product. See Indiana Code 32-33-16-1
- customer: means a person who:
Indiana Code 32-33-20-1
- customer: means an individual or entity who contracts with or causes a fabricator:
Indiana Code 32-34-6-2
- customer: means an individual or entity that causes another individual or entity to make a silk screen or to use a silk screen to manufacture, assemble, or make a product. See Indiana Code 32-34-7-2
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- date of substantial completion: means the earlier of:
Indiana Code 32-30-1-4
- debtor: means the person from whom a vehicle is repossessed. See Indiana Code 32-34-4-2
- Decedent: A deceased person.
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
- Dependent: A person dependent for support upon another.
- derelict aircraft: means any aircraft:
Indiana Code 32-33-10.5-3
- Devise: To gift property by will.
- Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
- Dismissal: The dropping of a case by the judge without further consideration or hearing. Source:
- Docket: A log containing brief entries of court proceedings.
- dwelling unit: means a structure or part of a structure that is used as a home, residence, or sleeping unit. See Indiana Code 32-31-5-3
- dwelling unit: has the meaning set forth in IC 32-31-5-3. See Indiana Code 32-31-9-5
- electric easement: means any recorded or unrecorded easement held by an electricity supplier for the siting of electric facilities, regardless of whether the easement is for the exclusive benefit of the electricity supplier or for use in connection with other utility services, regardless of whether the electricity supplier provides the other utility services. See Indiana Code 32-30-16-4
- electric facilities: means any product, equipment, or technology necessary or useful in the transmission, transformation, or distribution of electricity, including wires, cables, poles, transformers, anchors, guys, grounding systems, insulators, and any other related or ancillary materials. See Indiana Code 32-30-16-5
- electricity supplier: means :
Indiana Code 32-30-16-6
- end user: means a person who uses a special tool as part of the person's manufacturing process. See Indiana Code 32-33-20-2
- Entitlement: A Federal program or provision of law that requires payments to any person or unit of government that meets the eligibility criteria established by law. Entitlements constitute a binding obligation on the part of the Federal Government, and eligible recipients have legal recourse if the obligation is not fulfilled. Social Security and veterans' compensation and pensions are examples of entitlement programs.
- Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
- Escheat: Reversion of real or personal property to the state when 1) a person dies without leaving a will and has no heirs, or 2) when the property (such as a bank account) has been inactive for a certain period of time. Source: OCC
- Escrow: Money given to a third party to be held for payment until certain conditions are met.
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Executor: A male person named in a will to carry out the decedent
- exempt property: means personal property that is any of the following:
Indiana Code 32-31-4-1
- fabricator: means any individual or entity, including a tool or die maker, who:
Indiana Code 32-33-16-2
- fabricator: means an individual or entity, including a tool or die maker, who:
Indiana Code 32-34-6-3
- Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
- farm machinery: means all types of tractors, implements, and machinery used in the operation and maintenance of farms. See Indiana Code 32-33-10-2
- Federal Reserve System: The central bank of the United States. The Fed, as it is commonly called, regulates the U.S. monetary and financial system. The Federal Reserve System is composed of a central governmental agency in Washington, D.C. (the Board of Governors) and twelve regional Federal Reserve Banks in major cities throughout the United States. Source: OCC
- Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
- fees or commissions: means compensation owed to a broker company for performing services requiring a license under Indiana Code 32-28-12.5-2
- final maturity date of the series mortgage: means the maturity date of the last to mature of the bonds, notes, or debentures secured by a series mortgage, as the maturity date is shown of record in the original security instrument or in a supplemental indenture subsequently recorded. See Indiana Code 32-29-10-2
- Finance charge: The total cost of credit a customer must pay on a consumer loan, including interest. The Truth in Lending Act requires disclosure of the finance charge. Source: OCC
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- fixed-base operator: means a person that provides on the premises of a public-use airport aeronautical services, including any of the following:
Indiana Code 32-33-10.5-4
- Forbearance: A means of handling a delinquent loan. A
- Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
- foreclosure prevention agreement: means a written agreement that:
Indiana Code 32-30-10.5-4
- forestry operation: includes facilities, activities, and equipment used to plant, raise, manage, harvest, and remove trees on private land. See Indiana Code 32-30-6-1.5
- Fraud: Intentional deception resulting in injury to another.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Grantor: The person who establishes a trust and places property into it.
- Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
- guest: includes a transient guest, permanent guest, tenant, lodger, or boarder. See Indiana Code 32-33-7-1
- homeowners association: means all the owners of real estate in a subdivision acting as an entity in accordance with any:
Indiana Code 32-28-14-2
- in writing: include printing, lithographing, or other mode of representing words and letters. See Indiana Code 1-1-4-5
- indecent nuisance: means a:
Indiana Code 32-30-7-1
- Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
- industrial operation: includes any facility used for the:
Indiana Code 32-30-6-2
- Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
- Intangible property: Property that has no intrinsic value, but is merely the evidence of value such as stock certificates, bonds, and promissory notes.
- Inter vivos: Transfer of property from one living person to another living person.
- Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
- Intestate: Dying without leaving a will.
- Judgment: means all final orders, decrees, and determinations in an action and all orders upon which executions may issue. See Indiana Code 1-1-4-5
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- landlord: means :
Indiana Code 32-31-3-3
- 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
- Legal tender: coins, dollar bills, or other currency issued by a government as official money. Source: U.S. Mint
- lender: means a person whose name appears on the records of a museum as the person legally entitled to, or claiming to be legally entitled to, property held by the museum. See Indiana Code 32-34-5-1
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Lien: A claim against real or personal property in satisfaction of a debt.
- Life estate: A property interest limited in duration to the life of the individual holding the interest (life tenant).
- Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
- loan: means a deposit of property not accompanied by a transfer of title to the property. See Indiana Code 32-34-5-3
- locality: means the following:
Indiana Code 32-30-6-3
- loss mitigation package: means a set of documents, the components of which:
Indiana Code 32-30-10.5-4.7
- managing broker: has the meaning set forth in Indiana Code 32-28-12.5-3
- minor: means a person less than eighteen (18) years of age. See Indiana Code 1-1-4-5
- Month: means a calendar month, unless otherwise expressed. See Indiana Code 1-1-4-5
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- mortgage: means a mortgage or mortgage lien on an interest in real property in Indiana given to secure a loan in the original principal amount of not more than one million dollars ($1,000,000). See Indiana Code 32-29-6-1
- mortgage: means :
Indiana Code 32-30-10.5-5
- mortgage foreclosure counselor: means a foreclosure prevention counselor who is part of, or has been trained or certified by, the Indiana Foreclosure Prevention Network. See Indiana Code 32-30-10.5-6
- Mortgage loan: A loan made by a lender to a borrower for the financing of real property. Source: OCC
- mortgage servicer: means the last person to whom a mortgagor or the mortgagor's successor in interest has been instructed by a mortgagee to send payments on a loan secured by a mortgage. See Indiana Code 32-29-6-3
- Mortgagee: The person to whom property is mortgaged and who has loaned the money.
- mortgagee: means :
Indiana Code 32-29-6-2
- Mortgagor: The person who pledges property to a creditor as collateral for a loan and who receives the money.
- mortgagor: means the grantor of a mortgage. See Indiana Code 32-29-6-4
- motor vehicle: means every vehicle and device in, upon, or by which persons or property is, or may be, moved, transported, or drawn upon public highways. See Indiana Code 32-33-10-3
- museum: means an institution located in Indiana that:
Indiana Code 32-34-5-4
- National Bank: A bank that is subject to the supervision of the Comptroller of the Currency. The Office of the Comptroller of the Currency is a bureau of the U.S. Treasury Department. A national bank can be recognized because it must have "national" or "national association" in its name. Source: OCC
- National Credit Union Administration: The federal regulatory agency that charters and supervises federal credit unions. (NCUA also administers the National Credit Union Share Insurance Fund, which insures the deposits of federal credit unions.) Source: OCC
- nuisance: means the use of a property to commit an act constituting an offense under IC 35-48-4. See Indiana Code 32-30-8-1
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- original security instrument: means the original instrument or indenture executed to evidence a series mortgage. See Indiana Code 32-29-10-3
- owner: means one (1) or more persons in whom is vested all or part of the legal title to property. See Indiana Code 32-31-3-4
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- payoff statement: means a statement of the amount of:
Indiana Code 32-29-6-5
- permanent loan: means a loan of property to a museum for an indefinite period. See Indiana Code 32-34-5-5
- perpetrator: means an individual who:
Indiana Code 32-31-9-6
- person: means :
Indiana Code 32-28-15-2
- person: means an individual, a corporation, or any other legal entity. See Indiana Code 32-29-6-6
- person: means an individual, a partnership, an association, a limited liability company, a corporation, a business trust, a joint stock company, or an unincorporated organization. See Indiana Code 32-30-1-1
- person: has the meaning set forth in Indiana Code 32-30-7-2
- person: means an individual, a corporation, an association, a partnership, a governmental entity, a trust, an estate, or any other legal or commercial entity. See Indiana Code 32-31-3-5
- person: includes a natural person, a firm, a copartnership, an association, a limited liability company, a corporation, and a political subdivision. See Indiana Code 32-33-10-4
- person: includes a natural person, a firm, a partnership, an association, a corporation, a limited liability company, and a political subdivision. See Indiana Code 32-33-10.5-5
- person: means an individual, a nonprofit corporation, a trustee or legal representative, the state, a political subdivision (as defined in IC 36-1-2-13), an agency of the state or a political subdivision, or a group of those persons acting in concert. See Indiana Code 32-34-5-6
- Personal property: All property that is not real property.
- Personal property: includes goods, chattels, evidences of debt, and things in action. See Indiana Code 1-1-4-5
- place: includes any part of a building or structure or the ground. See Indiana Code 32-30-7-3
- Plaintiff: The person who files the complaint in a civil lawsuit.
- Pleadings: Written statements of the parties in a civil case of their positions. In the federal courts, the principal pleadings are the complaint and the answer.
- political subdivision: has the meaning set forth in IC 36-1-2-13. See Indiana Code 32-30-10.3-2
- Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
- Probable cause: A reasonable ground for belief that the offender violated a specific law.
- Probate: Proving a will
- property: means a house, a building, a mobile home, or an apartment that is leased for residential or commercial purposes. See Indiana Code 32-30-8-2
- property: means a tangible object under a museum's care that has intrinsic historic, artistic, scientific, or cultural value. See Indiana Code 32-34-5-7
- Property: includes personal and real property. See Indiana Code 1-1-4-5
- property owner: means the owner of record of real or personal property. See Indiana Code 32-28-13-2
- property owner: means a person with a recorded fee simple interest in land upon which an electric easement is located. See Indiana Code 32-30-16-7
- Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
- prosecuting official: refers to public officials who have concurrent jurisdiction to enforce this chapter, including:
Indiana Code 32-30-7-4
- protected activity: means any of the following actions taken by a tenant:
Indiana Code 32-31-8.5-2
- protected individual: means a tenant or applicant:
Indiana Code 32-31-9-7
- public employee: means an individual who is an employee in the executive, judicial, or legislative branch of:
Indiana Code 32-28-13-1.5
- public official: means an individual who holds office or formerly held office at any time during the preceding four (4) years in the executive, judicial, or legislative branch of:
Indiana Code 32-28-13-3
- public place: means any place to which the public is invited by special or an implied invitation. See Indiana Code 32-30-7-5
- public use airport operation: includes any facility used as a public use airport for the landing, take off, storage, or repair of aircraft. See Indiana Code 32-30-6-4
- real estate: has the meaning set forth in Indiana Code 32-28-12.5-4
- real estate: means a right, a title, or an interest in real property. See Indiana Code 32-28-14-3
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- real property: include lands, tenements, and hereditaments. See Indiana Code 1-1-4-5
- record: means to record a record (as defined in Indiana Code 32-28-15-3
- record: means to record with the county recorder. See Indiana Code 32-29-6-7
- Recourse: An arrangement in which a bank retains, in form or in substance, any credit risk directly or indirectly associated with an asset it has sold (in accordance with generally accepted accounting principles) that exceeds a pro rata share of the bank's claim on the asset. If a bank has no claim on an asset it has sold, then the retention of any credit risk is recourse. Source: FDIC
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
- Remainderman: One entitled to the remainder of an estate after a particular reserved right or interest, such as a life tenancy, has expired.
- rent: includes all payments made to a landlord under a rental agreement except a security deposit, however denominated. See Indiana Code 32-31-3-6
- rental agreement: means an agreement together with any modifications, embodying the terms and conditions concerning the use and occupancy of a rental unit. See Indiana Code 32-31-3-7
- rental premises: includes all of the following:
Indiana Code 32-31-7-3
- rental premises: includes all of the following:
Indiana Code 32-31-8-3
- rental premises: has the meaning set forth in IC 32-31-7-3. See Indiana Code 32-31-8.5-3
- rental unit: means :
Indiana Code 32-31-3-8
- residential landlord-tenant statute: refers to any of the following:
Indiana Code 32-31-2.9-2
- residential real estate: means real property:
Indiana Code 32-28-15-4
- residential real estate service agreement: means an agreement:
Indiana Code 32-28-15-5
- Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
- retaliatory act: means any of the following actions taken by a landlord in response to a tenant's engaging in a protected activity:
Indiana Code 32-31-8.5-4
- Revolving credit: A credit agreement (typically a credit card) that allows a customer to borrow against a preapproved credit line when purchasing goods and services. The borrower is only billed for the amount that is actually borrowed plus any interest due. (Also called a charge account or open-end credit.) Source: OCC
- security deposit: means a deposit paid by a tenant to the landlord or the landlord's agent to be held for all or a part of the term of the rental agreement to secure performance of any obligation of the tenant under the rental agreement. See Indiana Code 32-31-3-9
- series mortgage: means any mortgage, indenture of trust, or trust deed executed to create a lien on any property, whether real or personal or both, in Indiana to secure one (1) or more series of bonds, notes, or debentures. See Indiana Code 32-29-10-1
- Service of process: The service of writs or summonses to the appropriate party.
- service provider: means a person that provides services or products to a consumer. See Indiana Code 32-28-15-6
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
- Sheriff: means the sheriff of the county or another person authorized to perform sheriff's duties. See Indiana Code 1-1-4-5
- silk screen maker: means an individual or entity that makes a silk screen. See Indiana Code 32-34-7-3
- silk screen user: means an individual or entity that uses a silk screen to manufacture, assemble, or make a product. See Indiana Code 32-34-7-4
- special tool: means tools, dies, jigs, gauges, gauging fixtures, special machinery, cutting tools, injection molds, or metal castings used in the design, development, manufacture, assembly or fabrication of parts. See Indiana Code 32-33-20-3
- special tool builder: means a person who designs, develops, manufactures, or assembles special tools for sale. See Indiana Code 32-33-20-4
- Statute: A law passed by a legislature.
- storage facility: means any location approved by a court for storage of a tenant's personal property under section 2(e) of this chapter. See Indiana Code 32-31-4-1.5
- subdivision: means the division of a parcel of land into lots, parcels, tracts, units, or interests in the manner defined and prescribed by a subdivision control ordinance adopted by a legislative body under IC 36-7-4. See Indiana Code 32-28-14-4
- Subpoena: A command to a witness to appear and give testimony.
- Summons: Another word for subpoena used by the criminal justice system.
- supplemental indenture: means an instrument or indenture executed to supplement the original security instrument, defining one (1) or more series of bonds, notes, or debentures secured, or to be secured, by the series mortgage, specifying property subject to the lien of the series mortgage or in another manner supplementing or amending the original security instrument. See Indiana Code 32-29-10-4
- Temporary restraining order: Prohibits a person from an action that is likely to cause irreparable harm. This differs from an injunction in that it may be granted immediately, without notice to the opposing party, and without a hearing. It is intended to last only until a hearing can be held.
- Tenancy in common: A type of property ownership in which two or more individuals have an undivided interest in property. At the death of one tenant in common, his (her) fractional percentage of ownership in the property passes to the decedent
- tenant: means a person who leases or resides in a property. See Indiana Code 32-30-8-3
- tenant: means an individual who occupies a rental unit:
Indiana Code 32-31-3-10
- Testator: A male person who leaves a will at death.
- Testimony: Evidence presented orally by witnesses during trials or before grand juries.
- timber: means trees, whether standing, down, or prepared for sale, sawlogs and all other logs, cross and railroad ties, boards, planks, staves and heading, and other trees cut or prepared for market. See Indiana Code 32-34-9-1
- title insurance company: means a corporation or other business entity authorized and licensed to transact the business of insuring titles to interests in real property in Indiana under IC 27. See Indiana Code 32-29-6-8
- Transcript: A written, word-for-word record of what was said, either in a proceeding such as a trial or during some other conversation, as in a transcript of a hearing or oral deposition.
- Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.
- Trust account: A general term that covers all types of accounts in a trust department, such as estates, guardianships, and agencies. Source: OCC
- Trustee: A person or institution holding and administering property in trust.
- Truth in Lending Act: The Truth in Lending Act is a federal law that requires lenders to provide standardized information so that borrowers can compare loan terms. In general, lenders must provide information on Source: OCC
- undocumented property: means property in the possession of a museum for which the museum cannot determine the owner by reference to the museum's records. See Indiana Code 32-34-5-8
- United States: includes the District of Columbia and the commonwealths, possessions, states in free association with the United States, and the territories. See Indiana Code 1-1-4-5
- value: means the amount of money that a reasonable person would estimate a willing buyer would pay for an item of personal property. See Indiana Code 32-34-4-3
- vehicle: means a motor vehicle or a watercraft. See Indiana Code 32-34-4-4
- Venue: The geographical location in which a case is tried.
- Verified: when applied to pleadings, means supported by oath or affirmation in writing. See Indiana Code 1-1-4-5
- Writ: A formal written command, issued from the court, requiring the performance of a specific act.
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5