"Common profits"
Ind. Code § 32-25-2-6
in effectSec. 6. "Common profits" means the balance remaining, after the deduction of the common expenses, of all:
(1) income;
(2) rents;
(3) profits; and
(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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/32Fetched: 10/17/2026