IC 32-25-2-7 "Condominium"
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/in/title-32-property/article-25-condominiums/chapter-2-definitions/32-25-2-7·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.
As added by P.L.2-2002, SEC.10. Amended by P.L.2-2005, SEC.85.