Common Profits and Expenses

  1. Law
  2. Indiana Code
  3. Property
  4. Condominiums
  5. Administration of Condominiums
  6. Common Profits and Expenses

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Sec. 6. The:

(1) common profits of the property shall be credited to; and

(2) common expenses of the property shall be charged to;

the condominium unit owners according to the percentage of the owners' undivided interests in the common areas and facilities.

[Pre-2002 Recodification Citation: 32-1-6-11.]

As added by P.L.2-2002, SEC.10.


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