IC 6-1.1-52-5: "Qualified interest"

Sec. 5. As used in this chapter, "qualified interest" means the following:

(1) An ownership interest in a homestead.

(2) An interest in a contract for the purchase of a homestead that:

(A) is recorded in the county recorder's office; and

(B) provides that a person purchasing the homestead is to pay the property taxes on the homestead.