{"data":{"id":"us-in/ic-27-7-3.7-5","jurisdiction":"us-in","citation":"IC 27-7-3.7-5","heading":"\"Real estate transaction\"","body":"Sec. 5. (a) As used in this section, \"real estate transaction\" refers to any:\n(1) escrow transaction;\n(2) settlement; or\n(3) closing;\nconducted in connection with the purchase, sale, or financing of an interest in real estate.\n(b) The term does not include a real estate secured loan financing if:\n(1) the only parties to the loan transaction are the lender and the borrower; and\n(2) the lender is responsible for disbursing all of the funds to the borrower or to a third party in order to pay fees and charges associated with the loan transaction.","path":["TITLE 27. INSURANCE","ARTICLE 7. SPECIAL TYPES OF INSURANCE","Chapter 3.7. Escrow Transactions in Real Estate Transactions"],"source_url":"https://iga.in.gov/ic/2026/Title_27.html#27-7-3.7-5","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-25T05:39:04Z","sha256":"e1a7ee1ac4faeac04e921798e716af00a3ac01eba2bbd334ff6cbc4c5812fbe3","source_id":"us-in","stale":false,"prev":"us-in/ic-27-7-3.7-4","next":"us-in/ic-27-7-3.7-6"},"notice":"GroundRules: Original legal text. Not legal advice."}