The Senate Civil Law Committee heard Sen. Holdman’s SB 558 on leases and sales of real property. This bill amends the statute concerning landlord and tenant relations to provide that a unit may not regulate rental rates for privately owned real property, through a zoning ordinance or otherwise, unless the regulation is authorized by an act of the General Assembly. Current law p … [Read more...] about Leases and sales of real property.
property
Adverse possession
The Senate Civil Law Committee heard Sen. Koch’s SB 121 permitting a person or other entity exempt from the payment of property taxation to claim property by adverse possession. A property attorney testified in support of the bill. The Probate, Trust & Real Property Section of the Indiana State Bar Association testified that they don’t have an official position, but voiced conc … [Read more...] about Adverse possession