1. (a) "Deceptive act" means:

   1. (1) an act or a practice as part of a mortgage transaction (as defined in IC 37-5-3-7 (a)), or of a real estate transaction (as defined in IC 37-5-3-7 (b)), in which a person at the time of the transaction knowingly or intentionally:

      1. (A) makes a material misrepresentation; or
      2. (B) conceals material information regarding the terms or conditions of the transaction; or
   2. (2) a violation of IC 37-4 concerning mortgage rescue protection fraud as set forth in IC 37-4-5-1 .

2. (b) For purposes of this section, "knowingly" means having actual knowledge at the time of the transaction.

   [Pre-2026 Revision Citation: 24-9-2-7.]

As added by P.L.115-2026, SEC.97.