Indiana § 5-1.2-7-21 Party wall agreements

Indiana Statutes

§ 5-1.2-7-21 — Party wall agreements

Indiana § 5-1.2-7-21

Title 5STATE AND LOCAL ADMINISTRATION

Art. 1.2INDIANA FINANCE AUTHORITY

Ch. 7Health Facility Financing

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Bluebook

Ind. Code § 5-1.2-7-21 (2026).

Text

A county and an authority that have entered into, or propose to enter into, a lease under this chapter may enter into party wall agreements or other agreements concerning the attaching of an addition to a hospital building, if the agreement is:

(1)approved by the board of trustees or board of managers of the hospital; and

(2)recorded in the office of the recorder of the county in which the hospital is located. An agreement may provide for an easement or license to construct a part of an addition over or above the existing hospital building.

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A county and an authority that have entered
into, or propose to enter into, a lease under this chapter may enter into
party wall agreements or other agreements concerning the attaching of
an addition to a hospital building, if the agreement is:
(1) approved by the board of trustees or board of managers of the
hospital; and
(2) recorded in the office of the recorder of the county in which
the hospital is located.
An agreement may provide for an easement or license to construct a
part of an addition over or above the existing hospital building.