Indiana HB1084 amends the Indiana Code to establish regulations for principal dwelling land contracts, including definitions, disclosure.

Indiana HB1084 amends the Indiana Code to regulate principal dwelling land contracts, which are land contracts for the sale of real property designed for the occupancy of one to two families and intended to be occupied by the buyer as their principal dwelling. The bill defines key terms, mandates seller disclosures before contract execution, and outlines buyer rights, including the ability to rescind the contract if the seller fails to provide required information.

Indiana HB1084 amends the Indiana Code to establish regulations for principal dwelling land contracts, including definitions, disclosure.

Indiana HB1084 amends the Indiana Code to regulate principal dwelling land contracts, which are land contracts for the sale of real property designed for the occupancy of one to two families and intended to be occupied by the buyer as their principal dwelling. The bill defines key terms, mandates seller disclosures before contract execution, and outlines buyer rights, including the ability to rescind the contract if the seller fails to provide required information.