HB 1293 Summary

• Allows county property tax assessment boards to waive exemption application filing deadlines for nonprofits if a personnel change caused the missed deadline, and permits the Indiana board to waive deadlines on appeal.

• Permits nonprofits to amend exemption applications within three years to include personal property or correct clerical errors, and allows exempt properties to maintain their exemption status during renovations.

• Establishes mortgagee responsibilities for surrendered mortgaged properties in bankruptcy: mortgagees must comply with nuisance, unsafe building, and ordinance laws within 30 days of property surrender, record deeds within 60 days, and are personally liable for civil penalties up to $5,000 for noncompliance.

• Requires sheriffs to record foreclosure sale deeds within 30 days and recorders to record within 30 days thereafter; authorizes sheriffs to affix notice to property if owner's residence cannot be determined.

• Allows homeowners associations to file maintenance liens on properties for unpaid assessments for maintenance work, with priority over other liens; requires Indiana real estate disclosure forms to inform buyers of their right to surrender mortgaged property.