§ 32-23-8-3 — Payment of rent; void cancellation

Indiana § 32-23-8-3

• Jurisdiction: Indiana
• Title 32: PROPERTY
• Art. 23: CONVEYANCE OF PROPERTY INTERESTS
• Ch. 8: Oil and Gas: Cancellation of Contracts and Leases for

Text

If, at any time after the cancellation of a lease
and contract and within the term provided in the lease or contract, the
lessee submits to the recorder:
(1) a receipt or a canceled check, or an affidavit, showing that the
rental has been paid; or
(2) an affidavit that:
(A) the lease has been operated within a period of one (1) year
before the cancellation, as stipulated in the lease or contract;
and
(B) the affidavit of the lessor provided under this chapter is
false or fraudulent;
the cancellation is void, and the recorder shall so certify at the place
where the cancellation of the lease and contract has been entered.
[Pre-2002 Recodification Citation: 32-5-8-1 part.]

Legislative History

As added by P.L.2-2002, SEC.8.