Sec. 7. As used in this chapter, “warranty date” means the following:

(1) In the case of a new home, the date of the first occupancy of the new home as a residence by one (1) of the following:

contract signature

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Terms Used In Indiana Code 32-27-2-7

  • builder: means a person who constructs new homes for sale, including the construction of new homes on land owned by home buyers. See Indiana Code 32-27-2-6
  • home buyer: means a purchaser of a new home or a model home. See Indiana Code 32-27-2-5
  • initial home buyer: means a person who:

    Indiana Code 32-27-2-2

  • model home: means a new dwelling that is used for the first time after construction as:

    Indiana Code 32-27-2-3.5

  • new home: means a new dwelling occupied for the first time as a residence after construction. See Indiana Code 32-27-2-4
(A) The builder.

(B) An individual renting the home from the builder.

(C) An individual living in the home at the request of the builder.

(D) The initial home buyer.

(E) An individual renting the home from the initial home buyer.

(2) In the case of a model home, the date that the home was first used as a model home.

[Pre-2002 Recodification Citation: 32-15-7-7.]

As added by P.L.2-2002, SEC.12. Amended by P.L.165-2005, SEC.9; P.L.137-2023, SEC.8.

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