§ 24-7-2-1 Applicability of definitions
§ 24-7-2-2 “Department”
§ 24-7-2-2.5 “Consumer Credit Protection Act”
§ 24-7-2-3 “Consummation”
§ 24-7-2-3.5 “Initial rental payment”
§ 24-7-2-5 “Lessee”
§ 24-7-2-6 “Lessor”
§ 24-7-2-7 “Period”
§ 24-7-2-8 “Property”
§ 24-7-2-8.5 “Regular rental payment”
§ 24-7-2-9 “Rental purchase agreement”

Terms Used In Indiana Code > Title 24 > Article 7 > Chapter 2 - Definitions

  • 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
  • Month: means a calendar month, unless otherwise expressed. See Indiana Code 1-1-4-5
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5