Indiana § 32-21-5-12 - Matters arising after form delivered; requirement to disclose at settlement; unknown or unavailable information
Full text of Indiana Indiana Code § 32-21-5-12 — Matters arising after form delivered; requirement to disclose at settlement; unknown or unavailable information, with citation guidance and answers to common questions.
§ 32-21-5-12. Matters arising after form delivered; requirement to disclose at settlement; unknown or unavailable information
Sec. 12. (a) An owner does not violate this chapter if the owner subsequently discovers that the disclosure form is inaccurate as a result of any act, circumstance, information received, or agreement subsequent to the delivery of the disclosure form. However, at or before settlement, the owner is required to disclose any material change in the physical condition of the property or certify to the purchaser at settlement that the condition of the property is substantially the same as it was when the disclosure form was provided.
(b) If at the time disclosures are required to be made under subsection (a) an item of information required to be disclosed is unknown or not available to the owner, the owner may state that the information is unknown or may use an approximation of the information if the approximation is clearly identified, is reasonable, is based on the actual knowledge of the owner, and is not used to circumvent the disclosure requirements of this chapter.
[Pre-2002 Recodification Citation: 24-4.6-2-12.]
As added by P.L.2-2002, SEC.6.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 32-21-5-12
What does Indiana Code § 32-21-5-12 cover?
Section 32-21-5-12 ("Matters arising after form delivered; requirement to disclose at settlement; unknown or unavailable information") 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 § 32-21-5-12?
A common citation format is "Indiana Code § 32-21-5-12" (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 § 32-21-5-12 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.