Ed Clere
- Republican
- Representative
- District 72
Defines "principal dwelling land contract" (contract) as a land contract for the sale of real property: (1) designed for the occupancy of one to two families; and (2) that is or will be occupied by the buyer as the buyer's principal dwelling. Provides that the seller under a contract must provide the buyer with certain disclosures at least 10 days before the contract is executed. Sets forth disclosures that must be included in a contract. Provides a three day cancellation period for the buyer. Specifies certain recording provisions for principal dwelling land contracts. Provides that a violation of disclosure provisions constitutes a deceptive act under the deceptive consumer sales act.
Referred to the Senate
Third reading: passed; Roll Call 159: yeas 84, nays 9
Senate sponsors: Senators Ford Jon and Ford J.D.
Representatives Burton, Fleming, Pryor added as coauthors
Amendment #1 (Clere) prevailed; voice vote
Second reading: amended, ordered engrossed
Committee report: amend do pass, adopted
Authored by Representative Clere
Bill Text Versions | Format |
---|---|
Introduced House Bill (H) | |
House Bill (H) | |
Engrossed House Bill (S) |
Document | Format |
---|---|
Fiscal Note: HB1191.03.ENGH.FN001 | |
Fiscal Note: HB1191.03.ENGH.FN002 | |
Fiscal Note: HB1191.02.COMH.FN001 | |
Floor Amendment: HB1191.02.COMH.AMH001 | |
Committee Report: HB1191.01.INTR.CRH001 | |
Fiscal Note: HB1191.01.INTR.FN001 | |
Committee Amendment: HB1191.01.INTR.AMH01 |
Data on Open States is updated periodically throughout the day from the official website of the Indiana General Assembly.
If you notice any inconsistencies with these official sources, feel free to file an issue.