Indiana Code 32-21-1-16. Estate of inheritance; expression of intent required to create lesser estate
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Terms Used In Indiana Code 32-21-1-16
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Grantor: The person who establishes a trust and places property into it.
Sec. 16. It is not necessary to use the words “heirs and assigns of the grantee” to create in the grantee an estate of inheritance. If it is the intention of the grantor (as defined in IC 32-17-1-1) to convey any lesser estate, the grantor shall express that intention in the deed.
[Pre-2002 Recodification Citation: 32-1-2-14.]
As added by P.L.2-2002, SEC.6.