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Indiana General Assembly
House Bill 1515


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House Bill 1515

ARCHIVE (2003)

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DIGEST OF HB 1515 (Updated April 25, 2003 7:57 PM - DI 110)

Licensure of home inspectors and fraud investigation. Establishes the home inspectors licensing board to regulate home inspectors. Establishes requirements for licensed home inspectors. Provides that a person who performs home inspections for compensation without a license commits a Class B infraction. Provides that a civil action based upon the professional services of a licensed home inspector must be filed within two years after the date the cause of action accrues. Requires the real estate appraiser licensure and certification board to recommend a new fee of not more than $10 to be imposed upon licensed or certified appraisers to fund the investigation of real estate or appraisal fraud. Establishes the investigative fund to be jointly administered by the attorney general and the professional licensing board.
Current Status:
 Law Enacted
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