Due to a recent document audit, we are updating our version of Indiana State Form 51781 (our Cx14885), to align with the updated model form that is available on the Indiana Department of Local Government Finance site located here: (http://www.in.gov/dlgf/8516.htm#Deductions). This form is required to be provided to customers, in connection with first lien purchase money mortgage transactions (or refinancing transactions) secured by a single family residence, or consumer loans secured by an interest in land, by closing agents or lenders under Ind. Code Ann. §§ 6-1.1-12-43 & 24-4.5-3-701.
Among minor verbiage changes, the form has been modified to include additional information in each of the columns (Deduction/Max Amount/Eligibility Requirements/Application Form/Restrictions) located on the document.
These changes will be in effect on January 18, 2018. If you have any questions or concerns about these changes, please contact Client Support at 1.800.497.3584.
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