50 IAC 30-2-6

50 IAC 30-2-6 "Market area" defined

Last amended: 2018Year: 2027Length: 43 wordsOfficial source

Cite as Ind. Admin. Code tit. 50, r. 30-2-6

Sec. 6. "Market area" means the geographic or locational delineation of the market for a specific category of real property; i.e., the area in which alternative, similar properties effectively compete with the subject property in the minds of probable likely purchasers and users.
50 IAC 30-2-6: 50 IAC 30-2-6 "Market area" defined | Justis AI