Indiana Statutes

§ 32-28-14-1 — "Common expenses"

Indiana·Title 32 PROPERTY·Art. 28 LIENS ON REAL PROPERTY·Ch. 14 Homeowners Association Liens

As used in this chapter, "common expenses" means:

(1)all sums lawfully assessed against a subdivision by a homeowners association;
(2)expenses of:
(A)administration;
(B)maintenance;
(C)repair; or
(D)replacement; of subdivision common areas and facilities;
(3)expenses agreed upon as common expenses by a homeowners association; and
(4)expenses declared common expenses by the bylaws or another written instrument of a homeowners association.

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Legislative History

As added by P.L.135-2007, SEC.3.

Nearby Sections

15
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