Indiana § 32-25-2-5 "Common expenses"

Indiana Statutes

§ 32-25-2-5 — "Common expenses"

Indiana § 32-25-2-5

Title 32PROPERTY

Art. 25CONDOMINIUMS

Ch. 2Definitions

This text of Indiana § 32-25-2-5 ("Common expenses") is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 32-25-2-5 (2026).

Text

"Common expenses" means:

(1)all sums lawfully assessed against the co-owners by the association of co-owners;

(2)expenses of:

(A)administration;

(B)maintenance;

(C)repair; or

(D)replacement; of the common areas and facilities;

(3)expenses agreed upon as common expenses by the association of co-owners; and

(4)expenses declared common expenses by:

(A)this article;

(B)the declaration; or

(C)the bylaws. [Pre-2002 Recodification Citation: 32-1-6-2(i).]

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"Common expenses" means:
(1) all sums lawfully assessed against the co-owners by the
association of co-owners;
(2) expenses of:
(A) administration;
(B) maintenance;
(C) repair; or
(D) replacement;
of the common areas and facilities;
(3) expenses agreed upon as common expenses by the association
of co-owners; and
(4) expenses declared common expenses by:
(A) this article;
(B) the declaration; or
(C) the bylaws.
[Pre-2002 Recodification Citation: 32-1-6-2(i).]