Indiana Code 30-1-7-4. Binding and conclusive; disaffirmance
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Terms Used In Indiana Code 30-1-7-4
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
Sec. 4. Said option and the deed or lease, as the case may be, in the event the option is exercised, shall be binding and conclusive upon the ward for the respective term thereof and the right of disaffirmance is hereby denied.
Formerly: Acts 1943, c.105, s.4.