Ind. Code § 32-28-14-1

Current through P.L. 171-2024

Section 32-28-14-1 - "Common expenses"

As used in this chapter, "common expenses" means:

(1) all sums lawfully assessed against a subdivision by a homeowners association;

(2) expenses of:

(A) administration;

(B) maintenance;

(C) repair; or

(D) replacement;

of subdivision common areas and facilities;

(3) expenses agreed upon as common expenses by a homeowners association; and

(4) expenses declared common expenses by the bylaws or another written instrument of a homeowners association.

IC 32-28-14-1

As added by P.L. 135-2007, SEC.3.