Indiana § 27-7-3.7-5 "Real estate transaction"

Indiana Statutes

§ 27-7-3.7-5 — "Real estate transaction"

Indiana § 27-7-3.7-5

Title 27INSURANCE

Art. 7SPECIAL TYPES OF INSURANCE

Ch. 3.7Escrow Transactions in Real Estate Transactions

This text of Indiana § 27-7-3.7-5 ("Real estate transaction") is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 27-7-3.7-5 (2026).

Text

(a)As used in this section, "real estate transaction" refers to any:

(1)escrow transaction;

(2)settlement; or

(3)closing; conducted in connection with the purchase, sale, or financing of an interest in real estate.

(b)The term does not include a real estate secured loan financing if:

(1)the only parties to the loan transaction are the lender and the borrower; and

(2)the lender is responsible for disbursing all of the funds to the borrower or to a third party in order to pay fees and charges associated with the loan transaction.

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(a) As used in this section, "real estate
transaction" refers to any:
(1) escrow transaction;
(2) settlement; or
(3) closing;
conducted in connection with the purchase, sale, or financing of an
interest in real estate.
(b) The term does not include a real estate secured loan financing
if:
(1) the only parties to the loan transaction are the lender and the
borrower; and
(2) the lender is responsible for disbursing all of the funds to the
borrower or to a third party in order to pay fees and charges
associated with the loan transaction.