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Terms Used In Indiana Code 24-5-11-9

  • Contract: A legal written agreement that becomes binding when signed.
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
  • real property improvement: means any alteration, repair, replacement, reconstruction, or other modification of residential real property. See Indiana Code 24-5-11-3
  • real property improvement contract: means an agreement, oral or written, between a real property improvement supplier and a consumer to make a real property improvement and for which the real property improvement contract price exceeds one hundred fifty dollars ($150). See Indiana Code 24-5-11-4
   Sec. 9. If a license or permit is necessary for any part of a real property improvement, the real property improvement contract must be conditioned upon the appropriate party obtaining the necessary licenses or permits before any work under the real property improvement contract commences.

As added by P.L.251-1987, SEC.3. Amended by P.L.170-2017, SEC.17.