Ind. Code § 32-27-2-2
"Initial home buyer" defined
Redline — January 1, 2018 → current.View current text →
Current — January 1, 2023
As of January 1, 2018
Sec. 2. As used in this chapter, "initial home buyer" means a person who executes a contract with a builder to buy a new home and who:
Sec. 2. As used in this chapter, "initial home buyer" means a person who:
(1) occupies the new home as its first occupant; and
(2) occupies the new home as a residence.
(1) executes a contract with a builder to buy a new home; and
(2) either:
(A) occupies the new home as:
(i) the home's first occupant; and
(ii) a residence; or
(B) rents the new home to an individual who occupies the new home as:
(i) the home's first occupant; and
(ii) a residence.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.