Ind. Code § 37-4-2-5
"Formal settlement"
As added by P.L.115-2026, SEC.97.
"Formal settlement" means a face-to-face meeting with a homeowner to complete final documents incident to the:
- (1) sale or transfer of real property; or
(2) creation of a mortgage or equitable interest in real property;
conducted by a person who is not employed by or an affiliate of the foreclosure purchaser.
[Pre-2026 Revision Citation: 24-5.5-2-5.]
As added by P.L.115-2026, SEC.97.