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Indiana Legislative Bills
1 legislative bill tracked for real estate wholesalers & investors
Medium Risk
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HB1068Enacted — In ForceIn force since Jul 1, 2024 Medium Risk
Unlicensed real estate solicitors.
Summary
- This bill defines an 'unlicensed real estate solicitor' and mandates that they include a specific disclosure in all solicitations related to purchasing residential single-family homes
- It also establishes requirements for listing and buyer agency agreements and allows homeowners to seek remedies if they enter into agreements with these solicitors
What This Means for Wholesalers
- For wholesalers, this bill imposes a requirement to include a specific disclosure when soliciting homeowners for property purchases, which could affect their marketing strategies
- Additionally, failure to comply with these disclosure requirements could lead to legal repercussions, increasing the risk of operating without a license
disclosure required
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