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Ind. Code § 27-7-3.7-10

Advance of fees from escrow account to pay incidental fees

Indiana · Indiana Code Title 27 — Insurance · Status: effective

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Ind. Code § 27-7-3.7-10, Advance of fees from escrow account to pay incidental fees, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1663517
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Sec. 10. A closing agent may advance an amount not to exceed five hundred dollars ($500) from an escrow account on behalf of a party to an escrow transaction for the purpose of paying incidental fees, including conveyance and recording fees. Incidental fees may be paid in order to: (1) effect and close the sale of; (2) purchase; (3) exchange; (4) transfer; (5) encumber; or (6) lease; real property that is the subject of the escrow transaction.