50 Ind. Admin. Code 30-2-9
Current through November 6, 2024
Authority: IC 6-1.1-31-1; IC 6-1.1-31-6
Affected: IC 6-1.1-31-6
Sec. 9.
"Submarket" means a division of a market that reflects the preferences of a particular set of buyers and sellers for real property. A submarket 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 30-2-9