Authors: Representative Woody Burton
Requires that certain disclosures must be made relating to the sale of property subject to a homeowners association. Provides that certain requirements must be met for a proxy to be valid if used at a meeting of a homeowners association. Establishes an expedited judicial procedure to resolve certain disputes between a member and a homeowners association. Reorganizes certain statutes relating to homeowners associations. Repeals certain statutes that are reorganized. Establishes the homeowners association study committee. Requires the study committee to study homeowners associations in Indiana, including mediation or arbitration of disputes involving homeowners associations and members of homeowners associations. Provides that the law establishing the committee expires January 1, 2016.