Indiana HB1429 sets a statute of limitations for civil actions against real estate appraisers and appraisal management companies.

Indiana HB1429 amends the Indiana Code to establish a statute of limitations for civil actions against real estate appraisers and appraisal management companies. Effective July 1, 2026, a civil action must be brought within two years of the plaintiff knowing or reasonably should have known the facts giving rise to the claim, but no later than five years after the appraisal service date. This applies to appraisals or appraisal services performed after June 30, 2026.

Indiana HB1429 sets a statute of limitations for civil actions against real estate appraisers and appraisal management companies.

Indiana HB1429 amends the Indiana Code to establish a statute of limitations for civil actions against real estate appraisers and appraisal management companies. Effective July 1, 2026, a civil action must be brought within two years of the plaintiff knowing or reasonably should have known the facts giving rise to the claim, but no later than five years after the appraisal service date. This applies to appraisals or appraisal services performed after June 30, 2026.