Indiana Code > Title 32 > Article 17 > Chapter 10 – Limitations on Possibility of Reverter or Rights of Entry for a Breach of a Condition Subsequent
Current as of: 2023 | Check for updates
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Other versions
| § 32-17-10-1 | Application of chapter |
| § 32-17-10-2 | Duration of possibility of reverter or right of entry for breach of condition subsequent |
| § 32-17-10-3 | Expired rights of action |
Terms Used In Indiana Code > Title 32 > Article 17 > Chapter 10 - Limitations on Possibility of Reverter or Rights of Entry for a Breach of a Condition Subsequent
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- 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.
- 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
- Lien: A claim against real or personal property in satisfaction of a debt.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Mortgagee: The person to whom property is mortgaged and who has loaned the money.
- Property: includes personal and real property. See Indiana Code 1-1-4-5
- Trustee: A person or institution holding and administering property in trust.