Indiana Statutes

§ 32-32-2-19 — "Substantially completed" defined

Indiana·Title 32 PROPERTY·Art. 32 TIME SHARES AND CAMPING CLUBS·Ch. 2 Definitions

"Substantially completed" means that:

(1)all roadways, utilities, amenities, furnishings, appliances, structural components, and mechanical systems of buildings and premises are completed and provided as represented in the time share instrument or agreement or camping club membership agreement; and
(2)the premises are ready for occupancy and the proper governmental authority has caused to be issued a certificate of occupancy, if a certificate of occupancy is required. [Pre-2002 Recodification Citation: 24-5-9-29(b).]

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Legislative History

As added by P.L.2-2002, SEC.17.

Nearby Sections

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