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HB1113

Purchase of single family residences.

Latest bill text (Comm Sub) [PDF]

Summary

Purchase of single family residences. Provides that an investment firm may not enter into an executory contract for the purchase of a single family residence until not less than 90 days after the residence is listed for sale. Requires an investment firm to be represented by a real estate broker who: (1) is licensed in Indiana; and (2) is not an employee of the investment firm or any of its subsidiaries; to enter into an executory contract for the purchase of a single family residence.

Authors

Authored by Representative Pryor

Fiscal Outlook

Title Description Date View
Fiscal NoteFiscal Note #1: Introduced2024-01-04 Click To View

History

Date Chamber Action
2024-01-08HouseFirst reading: referred to Committee on Financial Institutions
2024-01-08HouseAuthored by Representative Pryor