Ind. Code § 32-29-6-5

Current through P.L. 171-2024

Section 32-29-6-5 - "Payoff statement"

As used in this chapter, "payoff statement" means a statement of the amount of:

(1) the unpaid balance of a loan secured by a mortgage, including principal, interest, and any other charges properly due under or secured by the mortgage; and

(2) interest on a per day basis for the unpaid balance.

IC 32-29-6-5

Pre-2002 Recodification Citation: 32-8-15.5-5.

As added by P.L. 2-2002, SEC.14.