Terms Used In Indiana Code 25-34.1-11-2

  • person: means an individual engaged in a trade or business, an association, a partnership, a limited partnership, a limited liability company, a corporation, or a similar entity. See Indiana Code 25-34.1-11-5
  • Real estate: means any right, title, or interest in real property. See Indiana Code 25-34.1-1-2
   Sec. 2. As used in this chapter, “appraisal management company” means a person that, for compensation, acts as a third party intermediary by contracting with independent real estate appraisers to perform appraisals for other persons.

As added by P.L.77-2010, SEC.2.