Indiana § 36-7-14-12.4 - Ownership prohibition regarding single family dwellings
Full text of Indiana Indiana Code § 36-7-14-12.4 — Ownership prohibition regarding single family dwellings, with citation guidance and answers to common questions.
§ 36-7-14-12.4. Ownership prohibition regarding single family dwellings
Sec. 12.4. Notwithstanding any other provision in this chapter, after June 30, 2014:
(1) a redevelopment commission;
(2) a department of redevelopment; or
(3) any other entity:
(A) established by the commission or department; or
(B) controlled by the commission or a member of the commission regardless of any pecuniary interest the member may have;
may not own, lease, or otherwise hold a single family dwelling or condominium unit for purposes of leasing for the use by individuals as a dwelling. In addition, an arrangement or agreement that is contrary to this section may not be extended beyond the term of the arrangement or agreement as in effect on June 30, 2014. However, a commission, department, or entity covered by this section may own property in the capacity of a land bank for a unit.
As added by P.L.149-2014, SEC.7.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 36-7-14-12.4
What does Indiana Code § 36-7-14-12.4 cover?
Section 36-7-14-12.4 ("Ownership prohibition regarding single family dwellings") 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 § 36-7-14-12.4?
A common citation format is "Indiana Code § 36-7-14-12.4" (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 § 36-7-14-12.4 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.