Indiana legislation · 2026 Regular Session
Indiana HB1429: Appraiser statute of limitations.
Status: Signed into law, February 24, 2026
Provides with regard to an appraisal or appraisal service performed after June 30, 2026, a civil action against a licensed or certified real estate appraiser or registered appraisal management company must be commenced not later than five years after the appraisal service date.
What the bill says
An act to amend the Indiana Code concerning civil law and procedure.
From the enrolled text:
AN ACT to amend the Indiana Code concerning civil law and procedure. SECTION 1. IC 34-11-2-17 IS ADDED TO THE INDIANA CODE AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2026]: Sec. 17. (a) This section only applies to an appraisal or appraisal service performed after June 30, 2026. (b) The following definitions apply throughout this section: (1) "Appraisal" means a real estate appraisal, appraisal review, appraisal consulting, or other valuation or valuation related service performed by a real estate appraiser or an appraisal management company. (2) "Appraisal management company" means an appraisal management company registered under IC 25-34.1. (3) "Appraisal service date" means the or (B) on which an appraisal or appraisal service was performed or should have been performed under the terms of the engagement. (4) "Civil action" means a civil action or proceeding, including a civil action in contract, tort, negligence, misrepresentation, or consumer protection. However, the term does not include: (A) a civil action or proceeding based on: HEA 1429 (i) intentional fraud; or (ii) willful misconduct, including deliberate misrepresentation, concealment, or other intentional wrongful acts; or (B) a licensing, disciplinary, or administrative enforcement action under IC 25-34.1 or any other law. (5) "Real estate appraiser" means a real estate appraiser licensed or certified under IC 25-34.1. (c) A civil action may not …
Sponsors
- Ben Smaltz (R, HD-052) · primary sponsor
Latest actions
- : Signed by the Governor
- : Public Law 35
- : Signed by the President of the Senate
- : Signed by the President Pro Tempore
- : Signed by the Speaker
- : Returned to the House without amendments
- : Third reading: passed; Roll Call 153: yeas 49, nays 1
- : Second reading: ordered engrossed
- : Committee report: do pass, adopted
- : First reading: referred to Committee on Judiciary
Votes
- HB1429.03.COMS (February 10, 2026): 49 yea, 1 nay, passed
- HB1429.02.COMH (January 28, 2026): 95 yea, 0 nay, passed
Subjects: REAL ESTATE APPRAISERS, BROKERS, AND SALESPERSONS, CIVIL LAW AND PROCEDURE; Statute of Limitations
Common questions
- What is HB1429?
- HB1429 is a bill in the Indiana Legislature (2026 Regular Session): Appraiser statute of limitations.
- What does HB1429 do?
- In its own words: An act to amend the Indiana Code concerning civil law and procedure.
- What is the status of HB1429?
- Signed into law as of February 24, 2026. Latest action: Signed by the Governor (February 24, 2026).
- Who sponsored HB1429?
- Ben Smaltz (R, HD-052).
- Where is the official record for HB1429?
- On the Indiana Legislature website: https://iga.in.gov/legislative/2026/bills/house/1429
Source: official Indiana record. Tracked by Delilah, AI for legislation across all 50 states and Congress.