Indiana § 37-4-3-1 - Homeowner's right to rescind foreclosure consultant contract and foreclosure reconveyance agreement; timing
Full text of Indiana Indiana Code § 37-4-3-1 — Homeowner's right to rescind foreclosure consultant contract and foreclosure reconveyance agreement; timing, with citation guidance and answers to common questions.
§ 37-4-3-1. Homeowner's right to rescind foreclosure consultant contract and foreclosure reconveyance agreement; timing
Sec. 1. In addition to any other right under law to cancel or rescind a contract, a homeowner may rescind a:
(1) contract with a foreclosure consultant at any time before midnight of the seventh business day after the date the contract is signed; and
(2) foreclosure reconveyance agreement at any time before midnight of the seventh business day after the homeowner's transfer of the interest in the real property that is the subject of the agreement, as described in IC 37-4-2-4(1).
[Pre-2026 Revision Citation: 24-5.5-4-1.]
As added by P.L.115-2026, SEC.97.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 37-4-3-1
What does Indiana Code § 37-4-3-1 cover?
Section 37-4-3-1 ("Homeowner's right to rescind foreclosure consultant contract and foreclosure reconveyance agreement; timing") 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 § 37-4-3-1?
A common citation format is "Indiana Code § 37-4-3-1" (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 § 37-4-3-1 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.