§ 32-21-4-1 — Conveyances and mortgages; recording in county where located; priority of documents

Indiana § 32-21-4-1

• Jurisdiction: Indiana
• Title 32: PROPERTY
• Art. 21: CONVEYANCE PROCEDURES FOR REAL
• Ch. 4: Priority of Recorded Transactions

Text

(a) As used in this section, "conveyance"
means an electronic document as defined in IC 32-21-2.5-3 or a paper
document as defined in IC 32-21-2.5-8(a) that is:
(1) a deed or other instrument concerning land or an interest in
land, except a last will and testament;
(2) a lease or memorandum of lease for a term exceeding three (3)
years;
(3) a transfer on death deed as defined under IC 32-17-14-3(16)
or an affidavit pursuant to IC 32-17-14-26(b)(20); or
(4) a land contract or a memorandum of land contract for the sale
and purchase of land.
(b) A conveyance or mortgage must be recorded in the recorder's
office in the county where the land is located.
(c) A conveyance or mortgage takes priority according to the time
of its recording. The conveyance or mortgage is fraudulent and void as
against any subsequent purchaser, lessee, or mortgagee in good faith
and for a valuable consideration if the purchaser's, lessee's, or
mortgagee's deed, mortgage, or lease is first recorded.
(d) This subsection applies regardless of when an instrument is
recorded. If:
(1) an instrument is recorded; and
(2) the instrument:
(A) does not comply with the requirements of:
(i) IC 32-21-2-3, including whether there was both an
acknowledgment and proof on the instrument; or
(ii) IC 32-21-2-7;
(B) does not comply with the technical requirements of IC 36-2-11-16(c);
(C) was executed and included an acknowledgment executed
pursuant to the terms of any executive order issued by the
governor or an order of the supreme court; or
(D) was recorded and indexed by a county recorder as an
electronic record (as defined in IC 26-2-8-102);
the instrument is validly recorded and provides constructive notice of
the contents of the instrument as of the date of recording.
[Pre-2002 Recodification Citation: 32-1-2-16.]

Legislative History

As added by P.L.2-2002, SEC.6. Amended by P.L.1-2003, SEC.81; P.L.135-2007, SEC.2; P.L.129-2008, SEC.1; P.L.94-2014, SEC.5; P.L.236-2015, SEC.7; P.L.2-2021, SEC.5.