Indiana Code 32-21-2-2. “Tract” defined
Current as of: 2023 | Check for updates
|
Other versions
Sec. 2. As used in this chapter, “tract” means an area of land that is:
(2) contained within a continuous border; and
(1) under common fee simple ownership;
Terms Used In Indiana Code 32-21-2-2
- Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
- Property: includes personal and real property. See Indiana Code 1-1-4-5
(3) a separately identified parcel for property tax purposes.
[Pre-2002 Recodification Citation: 32-1-2-37(a).]
As added by P.L.2-2002, SEC.6.