Indiana License Law
Indiana's Seller's Residential Real Estate Sales Disclosure form is required in which situation?
AOnly when the home was built before 1978
BFor most residential sales of one to four units, with certain statutory exceptions✓ Correct
COnly in transactions involving FHA financing
DOnly when the property is located within a flood zone
Explanation
Indiana requires the Seller's Residential Real Estate Sales Disclosure for most one-to-four family residential sales. Statutory exceptions include bank-owned (REO) properties, estate sales, and transfers between certain family members.
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