Sec. 1. (a) This section does not apply to: (1) mortgages; (2) conveyances in trust; or (3) conveyances made to husband and wife. (b) Every estate vested in executors or trustees as executors shall be held by them in joint tenancy. (c) Except as provided in subsection (b), a conveyance or devise of land or […]
Sec. 2. A deed of release or quitclaim passes all the estate that the grantor (as defined in IC 32-17-1-1) may convey by a deed of bargain and sale. [Pre-2002 Recodification Citation: 32-1-2-9.] As added by P.L.2-2002, SEC.2.
Sec. 3. (a) A freehold estate and a chattel real may be created to begin at a future day. (b) An estate for life: (1) may be created in a term of years with or without the intervention of a precedent estate; and (2) a remainder may be limited on the estate for life. (c) […]
Sec. 4. A remainder may be limited on a contingency. If the contingency occurs, the contingency abridges or determines the precedent estate. [Pre-2002 Recodification Citation: 32-1-2-35.] As added by P.L.2-2002, SEC.2.
Sec. 5. A conveyance made by a tenant for life or years that purports to grant or convey a greater estate than the tenant possesses or can lawfully convey: (1) does not result in a forfeiture of the tenants’s estate; and (2) passes to the grantee or alienee all the estate that the tenant may […]
