Sec. 4. (a) As used in this chapter, “owner” means one (1) or more persons in whom is vested all or part of the legal title to property.

     (b) The term includes a mortgagee or contract purchaser in possession.

[Pre-2002 Recodification Citation: 32-7-5-4.]

As added by P.L.2-2002, SEC.16.

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Terms Used In Indiana Code 32-31-3-4

  • Contract: A legal written agreement that becomes binding when signed.
  • Mortgagee: The person to whom property is mortgaged and who has loaned the money.
  • Property: includes personal and real property. See Indiana Code 1-1-4-5