Current through P.L. 171-2024
Section 32-25-2-9 - "Condominium unit" "Condominium unit" means:
(1) an enclosed space: (A) that consists of one (1) or more rooms occupying all or part of a floor or floors in a structure of one (1) or more floors or stories, regardless of whether the enclosed space is designed: (iii) for the operation of any industry or business; or(iv) for any other type of independent use; and(B) that has: (i) a direct exit to a public street or highway; or(ii) an exit to a thoroughfare or to a given common space leading to a thoroughfare; and(2) the undivided interest in the common elements appertaining to an enclosed space referred to in subdivision (1).Pre-2002 Recodification Citation: 32-1-6-2(c).
As added by P.L. 2-2002, SEC.10.