Ind. Code § 32-27-2-2

Current through P.L. 171-2024

Section 32-27-2-2 - "Initial home buyer" defined

As used in this chapter, "initial home buyer" means a person who:

(1) executes a contract with a builder to buy a new home; and

(2) either:

(A) occupies the new home as:

(i) the home's first occupant; and

(ii) a residence; or

(B) rents the new home to an individual who occupies the new home as:

(i) the home's first occupant; and

(ii) a residence.

IC 32-27-2-2

Pre-2002 Recodification Citation: 32-15-7-2.

Amended by P.L. 137-2023,SEC. 3, eff. 7/1/2023.

As added by P.L. 2-2002, SEC.12.