Privately Owned Real Property; Prohibition Against Regulations Having Effect of Controlling Rent or Purchase Price or of Requiring Property to Be Designated for Lease or Sale Based on Income or Assets
-
Law
-
Indiana Code
-
Local Government
-
General Provisions
-
Sales or Leases of Real Property; Prohibited Regulations
- Privately Owned Real Property; Prohibition Against Regulations Having Effect of Controlling Rent or Purchase Price or of Requiring Property to Be Designated for Lease or Sale Based on Income or Assets
Sec. 1. A county or municipality may not adopt or enforce a land use or planning ordinance or regulation that would have the effect of:
(1) controlling the amount of rent charged or the purchase price agreed upon for a transaction pertaining to the lease or purchase of privately owned residential or commercial real property; or
(2) requiring real property to be designated or reserved for lease or sale to a group of occupants, owners, or residents classified by income or assets.
As added by P.L.266-2017, SEC.4.
Download our app to see the most-to-date content.