Indiana Code 32-17-12-1. Voidance of contracts
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Sec. 1. A contract for valid consideration:
(2) for the occupancy of land belonging to the United States; or
(1) to sell any interest, real or supposed, in any land belonging to the United States;
Terms Used In Indiana Code 32-17-12-1
- Contract: A legal written agreement that becomes binding when signed.
- Fraud: Intentional deception resulting in injury to another.
- United States: includes the District of Columbia and the commonwealths, possessions, states in free association with the United States, and the territories. See Indiana Code 1-1-4-5
(3) for any improvement made on land belonging to the United States;
may not be voided by either party or the party’s heirs, executors, administrators, or assigns if the nature and extent of the interest were, at the time of contract, known to the party, and the party’s consent to the interest was obtained without fraud, conspiracy, or misrepresentation.
[Pre-2002 Recodification Citation: 32-1-11-1.]
As added by P.L.2-2002, SEC.2.