Indiana Code 8-1.5-1-4. “Disposition”
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Terms Used In Indiana Code 8-1.5-1-4
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Property: includes personal and real property. See Indiana Code 1-1-4-5
Sec. 4. “Disposition” includes the sale, lease, exchange, or other transfer of property.
As added by Acts 1982, P.L.74, SEC.1.