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Indiana Code Title 32. Property § 32-25-2-9

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 9. “Condominium unit” means:

(1) an enclosed space:

(A) that consists of one (1) or more rooms occupying all or part of a floor or floors in a structure of one (1) or more floors or stories, regardless of whether the enclosed space is designed:

(i) as a residence;

(ii) as an office;

(iii) for the operation of any industry or business;  or

(iv) for any other type of independent use;  and

(B) that has:

(i) a direct exit to a public street or highway;  or

(ii) an exit to a thoroughfare or to a given common space leading to a thoroughfare;  and

(2) the undivided interest in the common elements appertaining to an enclosed space referred to in subdivision (1).

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Cite this article: FindLaw.com - Indiana Code Title 32. Property § 32-25-2-9 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-32-property/in-code-sect-32-25-2-9/

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