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§ 24-5-5-2-5 — Indiana Law | CourtGPT
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  6. Chapter 2 - Definitions24-5.5-2-1. Application of Definitions/
  7. § 24-5-5-2-5
Indiana Legal Code

§ 24-5-5-2-5

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'Formal settlement' means a face-to-face meeting with a homeowner to complete final documents incident to the:(1) sale or transfer of real property; or(2) creation of a mortgage or equitable interest in real property;conducted by a person who is not employed by or an affiliate of the foreclosure purchaser.As added by P.L.209-2007, SEC.2.