Indiana § 34-11-2-17 - Appraisals or appraisal services
Full text of Indiana Indiana Code § 34-11-2-17 — Appraisals or appraisal services, with citation guidance and answers to common questions.
§ 34-11-2-17. Appraisals or appraisal services
Sec. 17. (a) This section only applies to an appraisal or appraisal service performed after June 30, 2026.
(b) The following definitions apply throughout this section:
(1) "Appraisal" means a real estate appraisal, appraisal review, appraisal consulting, or other valuation or valuation related service performed by a real estate appraiser or an appraisal management company.
(2) "Appraisal management company" means an appraisal management company registered under IC 25-34.1.
(3) "Appraisal service date" means the date:
(A) stated on the appraisal report; or
(B) on which an appraisal or appraisal service was performed or should have been performed under the terms of the engagement.
(4) "Civil action" means a civil action or proceeding, including a civil action in contract, tort, negligence, misrepresentation, or consumer protection. However, the term does not include:
(A) a civil action or proceeding based on:
(i) intentional fraud; or
(ii) willful misconduct, including deliberate misrepresentation, concealment, or other intentional wrongful acts; or
(B) a licensing, disciplinary, or administrative enforcement action under IC 25-34.1 or any other law.
(5) "Real estate appraiser" means a real estate appraiser licensed or certified under IC 25-34.1.
(c) A civil action may not be brought against a real estate appraiser or appraisal management company for damages or other relief arising out of, based upon, or relating to an appraisal or appraisal service unless the civil action is commenced not later than five (5) years after the appraisal service date.
As added by P.L.35-2026, SEC.1.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 34-11-2-17
What does Indiana Code § 34-11-2-17 cover?
Section 34-11-2-17 ("Appraisals or appraisal services") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 34-11-2-17?
A common citation format is "Indiana Code § 34-11-2-17" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 34-11-2-17 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.