Indiana Code 24-9-2-9.5. “Land contract”
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Terms Used In Indiana Code 24-9-2-9.5
- Contract: A legal written agreement that becomes binding when signed.
Sec. 9.5. “Land contract” means a contract for the sale of real estate in which the seller of the real estate retains legal title to the real estate until the total contract price is paid by the buyer.
As added by P.L.89-2011, SEC.26.