Indiana Code > Title 32 > Article 25 > Chapter 6 – Liens and Encumbrances
Current as of: 2023 | Check for updates
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Other versions
| § 32-25-6-1 | Liens and encumbrances |
| § 32-25-6-2 | Common areas; transferable easements for making improvements |
| § 32-25-6-3 | Unpaid assessments; lien |
Terms Used In Indiana Code > Title 32 > Article 25 > Chapter 6 - Liens and Encumbrances
- Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
- Judgment: means all final orders, decrees, and determinations in an action and all orders upon which executions may issue. See Indiana Code 1-1-4-5
- 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
- Lien: A claim against real or personal property in satisfaction of a debt.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Mortgagee: The person to whom property is mortgaged and who has loaned the money.
- Plaintiff: The person who files the complaint in a civil lawsuit.
- Property: includes personal and real property. See Indiana Code 1-1-4-5