Indiana Statutes

§ 32-25-8-6 — Common profits and expenses

Indiana·Title 32 PROPERTY·Art. 25 CONDOMINIUMS·Ch. 8 Administration of Condominiums

The:

(1)common profits of the property shall be credited to; and
(2)common expenses of the property shall be charged to; the condominium unit owners according to the percentage of the owners' undivided interests in the common areas and facilities. [Pre-2002 Recodification Citation: 32-1-6-11.]

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Legislative History

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

Nearby Sections

15
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