Sec. 3. If, at any time after the cancellation of a lease and contract and within the term provided in the lease or contract, the lessee submits to the recorder:

(1) a receipt or a canceled check, or an affidavit, showing that the rental has been paid; or

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Terms Used In Indiana Code 32-23-8-3

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Contract: A legal written agreement that becomes binding when signed.
  • 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
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
(2) an affidavit that:

(A) the lease has been operated within a period of one (1) year before the cancellation, as stipulated in the lease or contract; and

(B) the affidavit of the lessor provided under this chapter is false or fraudulent;

the cancellation is void, and the recorder shall so certify at the place where the cancellation of the lease and contract has been entered.

[Pre-2002 Recodification Citation: 32-5-8-1 part.]

As added by P.L.2-2002, SEC.8.