Indiana Statutes

§ 32-17-10-2 — Duration of possibility of reverter or right of entry for breach of condition subsequent

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

A possibility of reverter or right of entry for breach of a condition subsequent concerning real property is invalid after thirty (30) years from the date the possibility of reverter or right of entry is created, notwithstanding a period of creation longer than thirty (30) years:

(1)if the breach of the condition has not occurred; and
(2)despite whether the possibility of reverter or right of entry was created before, on, or after July 1, 1993. [Pre-2002 Recodification Citation: 32-1-21-2.]

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Related

Girl Scouts of Southern Illinois v. Vincennes Indiana Girls, Inc.
988 N.E.2d 250 (Indiana Supreme Court, 2013)
20 case citations

Legislative History

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

Nearby Sections

15
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