Indiana § 32-21-14-4 Transfer fee covenants; not binding or enforceable; lien to secure
payment void and unenforceable; no presumption of validity

Indiana Statutes

§ 32-21-14-4 — Transfer fee covenants; not binding or enforceable; lien to secure payment void and unenforceable; no presumption of validity

Indiana § 32-21-14-4

Title 32PROPERTY

Art. 21CONVEYANCE PROCEDURES FOR REAL

Ch. 14Transfer Fee Covenants

This text of Indiana § 32-21-14-4 (Transfer fee covenants; not binding or enforceable; lien to secure payment void and unenforceable; no presumption of validity) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 32-21-14-4 (2026).

Text

(a)A transfer fee covenant recorded in Indiana after June 30, 2011:

(1)does not run with the title of the interest in real property the transfer fee covenant purports to affect; and

(2)is not binding or enforceable at law or in equity, as an equitable servitude or otherwise, against any subsequent owner, purchaser, or mortgagee of the interest in the real property the transfer fee covenant purports to affect.

(b)Any lien purporting to secure the payment of a transfer fee payable under a transfer fee covenant recorded in Indiana after June 30, 2011, is void and unenforceable.

(c)A:

(1)transfer fee covenant; or

(2)lien purporting to secure the payment of a transfer fee payable under a transfer fee covenant; recorded in Indiana before July 1, 2011, is not presumed to be valid and enfor

Free access — add to your briefcase to read the full text and ask questions with AI

(a) A transfer fee covenant recorded in
Indiana after June 30, 2011:
(1) does not run with the title of the interest in real property the
transfer fee covenant purports to affect; and
(2) is not binding or enforceable at law or in equity, as an
equitable servitude or otherwise, against any subsequent owner,
purchaser, or mortgagee of the interest in the real property the
transfer fee covenant purports to affect.
(b) Any lien purporting to secure the payment of a transfer fee
payable under a transfer fee covenant recorded in Indiana after June 30,
2011, is void and unenforceable.
(c) A:
(1) transfer fee covenant; or
(2) lien purporting to secure the payment of a transfer fee payable
under a transfer fee covenant;
recorded in Indiana before July 1, 2011, is not presumed to be valid and
enforceable.