Ind. Code § 27-7-3.7-5 – "Real estate transaction"

(a) As used in this section, "real estate transaction" refers to any:
1. (1) escrow transaction;
2. (2) settlement; or
3. (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. (1) the only parties to the loan transaction are the lender and the borrower; and
2. (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.

As added by P.L.92-2009, SEC.1.