Property Tax Benefits FormIn accordance with IC 6-1.1-12-43, the State of Indiana has prescribed
Form 51781 titled "Indiana Property Tax Benefits" to be used by closing agents, which outlines available deductions and credits to homeowners.
Effective January 1, 2005, a closing agent is subject to a civil penalty of $25.00 for each instance in which the closing agent fails to comply with this section in respect to a customer. This form must be printed on gold or yellow paper.