§ 32-20-3-1 — Unbroken chain of title; definition

A person who has an unbroken chain of title of
record to an interest in land for at least fifty (50) years has a marketable
record title to that interest, subject to section 2 of this chapter. A person
is considered to have this unbroken chain of title when:
(1) the official public records disclose a title transaction of record
that occurred at least fifty (50) years before the time the
marketability is determined; and
(2) the title transaction purports to create an interest in:
(A) the person claiming the interest; or
(B) a person from whom, by one (1) or more title transactions
of record, the purported interest has become vested in the
person claiming the interest;
with nothing appearing of record purporting to divest the claimant
of the purported interest.
[Pre-2002 Recodification Citation: 32-1-5-1.]

Legislative History

As added by P.L.2-2002, SEC.5.