Ind. Code § 37-1-2-28
"Mortgage transaction"
Indiana · Indiana Code Title 37 — Consumer Lending · Status: effective
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- Citation
- Ind. Code § 37-1-2-28, "Mortgage transaction", Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1689321
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Full text
Sec. 28. "Mortgage transaction" means:
(1) a consumer loan; or
(2) a consumer credit sale;
that is or will be used by the debtor primarily for personal, family, or household purposes and that is secured by a mortgage or a land contract (or another consensual security interest equivalent to a mortgage or a land contract) on a dwelling or on residential real estate upon which a dwelling is constructed or intended to be constructed.