32-25-2-7. "Condominium"

IN Code § 32-25-2-7 (2019) (N/A)
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Sec. 7. "Condominium" means real estate:

(1) lawfully subjected to this article by the recordation of condominium instruments; and

(2) with respect to which the undivided interests in the common areas and facilities are vested in the condominium unit owners.

[Pre-2002 Recodification Citation: 32-1-6-2(a).]

As added by P.L.2-2002, SEC.10. Amended by P.L.2-2005, SEC.85.