Indiana Code 32-21-3-3. Conveyances requiring recording
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Sec. 3. A conveyance of any real estate in fee simple or for life, a conveyance of any future estate, or a lease for more than three (3) years after the making of the lease is not valid and effectual against any person other than:
(2) the grantor‘s heirs and devisees; and
(1) the grantor;
Terms Used In Indiana Code 32-21-3-3
- conveyance: means :
Indiana Code 32-21-3-1
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
- Grantor: The person who establishes a trust and places property into it.
- grantor: has the meaning set forth in IC 32-17-1-1. See Indiana Code 32-21-3-2
- 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
(3) persons having notice of the conveyance or lease;
unless the conveyance or lease is made by a deed recorded within the time and in the manner provided in this chapter.
[Pre-2002 Recodification Citation: 32-1-2-11.]
As added by P.L.2-2002, SEC.6.