Landlord nexus.

SB 104 requires landlords in Indiana to meet specific criteria to lease properties after June 30, 2026. Landlords must either be authorized to do business in Indiana, maintain a physical office in the state, hire an Indiana-licensed real estate broker to manage the property, or own five or fewer properties statewide. The bill directly affects out-of-state landlords and large property management entities operating in Indiana. The Indiana Attorney General can enforce these rules and take action against landlords who lease property without meeting the requirements. (Note: The bill's title "Vehicle Bill" appears inconsistent with its content; the abstract describes landlord leasing rules, not vehicle regulations.)