Terms Used In Indiana Code > Title 32 > Article 32 > Chapter 1 - Application

• Deed: The legal instrument used to transfer title in real property from one person to another.
• 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}
• Inter vivos: Transfer of property from one living person to another living person.