§ 23-13-15-1 Universities and colleges; authorization; acceptance of section

Terms Used In Indiana Code > Title 23 > Article 13 > Chapter 15 - Acquiring, Holding, and Disposing of Real Estate

  • Devise: To gift property by will.
  • 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
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.