Bill > SB0232

This bill establishes new requirements for landlords managing rental properties in Indiana, effective July 1, 2025. Specifically, after June 30, 2025, a landlord will be prohibited from managing a rental property in Indiana unless they meet one of three criteria: (1) they are authorized to do business in Indiana, meaning they have obtained the necessary legal permissions to operate a business within the state; (2) they maintain a physical office location or locations within Indiana; or (3) they appoint an Indiana-licensed real estate broker or broker company to manage the rental property on their behalf. The bill defines "landlord" using the existing definition in IC 32-31-3-3 and aims to ensure that out-of-state or non-resident property owners have a substantive connection to the state when managing rental properties. This legislation appears designed to provide more local accountability and oversight in the rental property management sector.

Justice

https://iga.in.gov/legislative/2025/bills/senate/232/details