Ind. Code § 32-25-2-6

"Common profits"

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

"Common profits" means the balance remaining, after the deduction of the common expenses, of all:

  1. (1) income;
  2. (2) rents;
  3. (3) profits; and
  4. (4) revenues;

    from the common areas and facilities.

    [Pre-2002 Recodification Citation: 32-1-6-2(j).]

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

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