{"data":{"id":"us-in/ic-37-4-4-5","jurisdiction":"us-in","citation":"IC 37-4-4-5","heading":"Foreclosure purchasers; unfair conduct; prohibited representations and acts","body":"Sec. 5. A foreclosure purchaser may not:\n(1) enter into repurchase or lease terms as part of the foreclosure reconveyance that are unfair or commercially unreasonable or engage in any other unfair conduct;\n(2) represent, directly or indirectly, that the:\n(A) foreclosure purchaser is acting:\n(i) as an adviser or a consultant; or\n(ii) in any other manner on behalf of the homeowner;\n(B) foreclosure purchaser is assisting the homeowner to save the residence; or\n(C) foreclosure purchaser is assisting the homeowner in preventing a foreclosure if the result of the transaction is that the homeowner will not complete a redemption of the property; or\n(3) until the homeowner's right to rescind or cancel the foreclosure reconveyance agreement has expired:\n(A) record any document, including an instrument or conveyance, signed by the homeowner; or\n(B) transfer to a third party or encumber, or purport to transfer to a third party or encumber, any interest in the residential real property in foreclosure.","path":["TITLE 37. CONSUMER LENDING","ARTICLE 4. MORTGAGE RESCUE PROTECTION FRAUD","Chapter 4. Limitations on Foreclosure Consultants and Foreclosure Reconveyances"],"source_url":"https://iga.in.gov/ic/2026/Title_37.html#37-4-4-5","current_through":"2026","vintage":"2026","retrieved_at":"2026-08-22T06:53:15Z","sha256":"c6392ff5acb3c8b9df97512360a32cd4cba737046653951dd16230c4abba33c0","source_id":"us-in","stale":false,"prev":"us-in/ic-37-4-4-4","next":"us-in/ic-37-4-4-6"},"notice":"GroundRules: Original legal text. Not legal advice."}