Indiana Code 32-21-4-0.5. Legislative findings
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Sec. 0.5. For purposes of section 1 of this chapter, the general assembly makes the following findings:
(2) The ability to rely upon documents indexed and recorded in the public land records of an Indiana county recorder provides stability to the ownership of Indiana real property and to Indiana’s statewide and local real estate economies.
(1) It is in the public interest for any conveyance, as defined in section 1(a) of this chapter, and any mortgage recorded in the office of an Indiana county recorder to not be attacked due to technical deficiencies.
Terms Used In Indiana Code 32-21-4-0.5
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
(3) Making or keeping these subsections in section 1 of this chapter retroactive will not upset any vested substantive rights, liabilities, or duties.
(4) This section is intended to express the original legislative intent of section 1 of this chapter more clearly.
As added by P.L.2-2021, SEC.4. Amended by P.L.9-2022, SEC.67.