Terms Used In Indiana Code 24-5-11-11

  • consumer: means a person that owns, leases, or rents the residential real property that is the subject of a real property improvement contract. See Indiana Code 24-5-11-2
  • Contract: A legal written agreement that becomes binding when signed.
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
  • real property improvement: means any alteration, repair, replacement, reconstruction, or other modification of residential real property. See Indiana Code 24-5-11-3
  • real property improvement contract: means an agreement, oral or written, between a real property improvement supplier and a consumer to make a real property improvement and for which the real property improvement contract price exceeds one hundred fifty dollars ($150). See Indiana Code 24-5-11-4
  • real property improvement supplier: means a person who engages in or solicits real property improvement contracts whether or not the person deals directly with the consumer. See Indiana Code 24-5-11-6
   Sec. 11. Before a consumer signs a real property improvement contract and before the consumer can be required to make any down payment in connection with the real property improvement contract, the real property improvement supplier must have agreed unequivocally by written signature to all of the terms of the real property improvement contract.

As added by P.L.251-1987, SEC.3. Amended by P.L.170-2017, SEC.21.