IN HB1429

Establishes a 5-year statute of limitations for civil actions against real estate appraisers and appraisal management companies, with the clock starting from the appraisal service date

Applies to appraisals performed after June 30, 2026, covering real estate appraisals, appraisal reviews, consulting, and other valuation services

Exempts claims based on intentional fraud or willful misconduct (including deliberate misrepresentation, concealment, or other intentional wrongful acts) from the limitations period

Does not restrict licensing, disciplinary, or administrative enforcement actions under IC 25-34.1 or other laws

Effective date: July 1, 2026