Sec. 1.2. As used in this chapter, "homeowners association" means a corporation or another entity that:
(1) is organized and operated exclusively for the benefit of two (2) or more persons who each own a dwelling in fee simple;
(2) acts, in accordance with bylaws governing the corporation or entity, to:
(A) acquire, transfer, manage, repair, maintain, or engage in construction on or in the land and improvements on the land related to the use of the dwellings owned by the members of the corporation or entity;
(B) purchase insurance to cover a casualty or an activity on or in the land and improvements on the land;
(C) engage in an activity incidental to an activity described in clause (A) or (B); or
(D) engage in more than one (1) of the activities described in clauses (A) through (C); and
(3) may be governed by a board that serves the purpose of setting policy and controlling or otherwise overseeing the activities or functional responsibilities of the corporation or entity.
As added by P.L.43-2013, SEC.1.
Structure Indiana Code
Article 21. Conveyance Procedures for Real Property
32-21-2-1.2. "Homeowners Association"
32-21-2-3. Notarial Acts; Recording Requirements; Statement of Mailing Address; Translations
32-21-2-3.5. Homeowners Association Covenants
32-21-2-6. Instruments Entitled to Be Recorded
32-21-2-7. Acknowledgment of an Instrument; Form
32-21-2-9. Acknowledgment Incomplete Without Certificate
32-21-2-10. Index of Recorded Instruments, Required Information; Time Instrument Considered Recorded
32-21-2-11. Instrument Recorded Without Acknowledgment Not Admissible as Evidence
32-21-2-12. Certificate of Acknowledgment or Record; Conclusiveness
32-21-2-14. Conveyance of Tax Sale Property During Redemption Period
32-21-2-15. Recording of Instrument Concerning Real Property, Electronic Recording