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Ind. Code § 32-29-6-5

"Payoff statement"

As added by P.L.2-2002, SEC.14.

Sec. 5. As used in this chapter, "payoff statement" means a statement of the amount of:

(1) the unpaid balance of a loan secured by a mortgage, including principal, interest, and any other charges properly due under or secured by the mortgage; and

(2) interest on a per day basis for the unpaid balance.

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.