IC 32-21-16.5-6 — Homeowner's right to rescind agreement; no liability for nullification; violation a deceptive act
Chapter 16.5. Solicitation of Real Estate Sale or Purchase by an Unlicensed Real Estate Solicitor
Section text
Sec. 6. (a) Within two (2) days of entering into an agreement with an unlicensed real estate solicitor, a homeowner may nullify the agreement by delivering a written rescission to the unlicensed real estate solicitor or the unlicensed real estate solicitor's agent, if the disclosure does not satisfy the requirements of section 4 of this chapter. (b) A homeowner is not liable for nullifying an agreement under this section. (c) In addition to any other legal or administrative remedies available to an owner, a violation of this chapter is a deceptive act that may be enforced by the attorney general under IC 24-5-0.5-11.
As added by P.L.47-2024, SEC.3.
Source: official publisher (2026 edition)