{"data":{"id":"us-in/ic-27-7-3-21","jurisdiction":"us-in","citation":"IC 27-7-3-21","heading":"Requirement of title search","body":"Sec. 21. A company described in section 3 of this chapter that issues a title insurance policy shall perform or cause to be performed a title search for the real estate in conjunction with a mortgage secured by the real estate unless the mortgage meets all of the following requirements:\n(1) The principal amount of the mortgage is not more than fifty thousand dollars ($50,000).\n(2) The mortgage is subordinate to a prior mortgage where a title search was conducted and a title policy was issued.\n(3) The mortgage is not a reverse mortgage.","path":["TITLE 27. INSURANCE","ARTICLE 7. SPECIAL TYPES OF INSURANCE","Chapter 3. Abstract and Title Insurance"],"source_url":"https://iga.in.gov/ic/2026/Title_27.html#27-7-3-21","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-25T05:39:04Z","sha256":"94e2218661ee855644c580da3323e8ac2d8f8b7a32c49e2508eb654e07267790","source_id":"us-in","stale":false,"prev":"us-in/ic-27-7-3-20","next":"us-in/ic-27-7-3-22"},"notice":"GroundRules: Original legal text. Not legal advice."}