Indiana Statutes

§ 32-17-10-1 — Application of chapter

Indiana·Title 32 PROPERTY·Art. 17 INTERESTS IN PROPERTY·Ch. 10 Limitations on Possibility of Reverter or Rights of Entry

This chapter does not apply to the following:

(1)A conveyance made for the purpose of extinguishing a possibility of reverter or a right of entry.
(2)The rights of:
(A)a mortgagee based on the terms of the mortgage;
(B)a trustee or beneficiary under a trust deed in the nature of a mortgage based on the terms of the trust deed;
(C)a grantor under a vendor's lien reserved in a deed;
(D)a lessor under a lease for a term of years; or
(E)a person with a separate property interest in coal, oil, gas, or other minerals. [Pre-2002 Recodification Citation: 32-1-21-1.]

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Legislative History

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

Nearby Sections

15
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