50 Ind. Admin. Code 30-2-5

Current through November 6, 2024
Section 50 IAC 30-2-5 - "Market" defined

Authority: IC 6-1.1-31-1; IC 6-1.1-31-6

Affected: IC 6-1.1-31-6

Sec. 5.

"Market" means an aggregation of likely actual or potential sellers and buyers facilitating the exchange of real property. A market for a property is not necessarily limited to a particular geographic area or taxing jurisdiction and can be local, regional, national, or international.

50 IAC 30-2-5

Department of Local Government Finance; 50 IAC 30-2-5; filed 11/13/2017, 11:10 a.m.: 20171213-IR-050170173FRA, eff 1/1/2018