§ 29-1-15-1 Priorities; wills; orders of court
§ 29-1-15-2 Powers under will; optional procedure
§ 29-1-15-3 Payment of claims, expenses, and taxes; distribution of estate
§ 29-1-15-4 Order not granted; bond given by interested person
§ 29-1-15-5 Credit sales
§ 29-1-15-6 Purchasers, mortgagees, pledgees, or lienors; allowance of claims
§ 29-1-15-7 Collateral attack; irregularity in proceedings
§ 29-1-15-8 Petition; stock; bonds; securities
§ 29-1-15-9 Perishable properties; family allowance; title to property; approval
§ 29-1-15-10 Unit sales, mortgages, or leases
§ 29-1-15-11 Petition; sale, mortgage, or lease of real property; order of court
§ 29-1-15-12 Conflicting titles; process and notice
§ 29-1-15-13 Court order; description of property; sequence of parcels; private sale, public auction; terms
§ 29-1-15-14 Fair market value; appraisal; reappraisal
§ 29-1-15-15 Real property sales; notice
§ 29-1-15-16.5 Acquisition of beneficial interest in real property of estate by personal representative
§ 29-1-15-17 Execution of conveyance or lease; certified copy of order; power given under will
§ 29-1-15-18 Forms for conveyances
§ 29-1-15-19 Irregularity or defect in proceedings; guardians; good faith purchasers
§ 29-1-15-20 Lien of state for inheritance or estate taxes
§ 29-1-15-21 Fees and expenses
§ 29-1-15-22 Platting real property
§ 29-1-15-23 Exchange of property; terms and conditions

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Terms Used In Indiana Code > Title 29 > Article 1 > Chapter 15 - Sales, Mortgages, Leases, Exchanges?Personal and Real Property

  • Appraisal: A determination of property value.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Decedent: A deceased person.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • 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
  • Legacy: A gift of property made by will.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Mortgagee: The person to whom property is mortgaged and who has loaned the money.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Personal property: All property that is not real property.
  • Personal property: includes goods, chattels, evidences of debt, and things in action. See Indiana Code 1-1-4-5
  • Probate: Proving a will
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • real property: include lands, tenements, and hereditaments. See Indiana Code 1-1-4-5
  • United States: includes the District of Columbia and the commonwealths, possessions, states in free association with the United States, and the territories. See Indiana Code 1-1-4-5
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5