CHAPTER 3. EFFECT OF RECORDING
IC 32-21-3
Chapter 3. Effect of Recording
IC 32-21-3-1
"Conveyance" defined
Sec. 1. As used in this chapter, "conveyance" means:
(1) an instrument of writing concerning land or an interest inland, except a last will and testament;
(2) a lease for a term not exceeding three (3) years; or
(3) an executory contract for the sale and purchase of land;
for purposes of the acknowledgment or proof of the instrument,lease, or contract, the recording of the instrument, lease, or contract,and the force and effect of that recording.
As added by P.L.2-2002, SEC.6.
IC 32-21-3-2
"Grantor" defined
Sec. 2. As used in this chapter, "grantor" has the meaning set forthin IC 32-17-1-1.
As added by P.L.2-2002, SEC.6.
IC 32-21-3-3
Conveyances requiring recording
Sec. 3. A conveyance of any real estate in fee simple or for life,a conveyance of any future estate, or a lease for more than three (3)years after the making of the lease is not valid and effectual againstany person other than:
(1) the grantor;
(2) the grantor's heirs and devisees; and
(3) persons having notice of the conveyance or lease;
unless the conveyance or lease is made by a deed recorded within thetime and in the manner provided in this chapter.
As added by P.L.2-2002, SEC.6.
IC 32-21-3-4
Letters of attorney; executory contracts for sale or purchase ofland; recording
Sec. 4. The following may be recorded in the county where theland to which the letter or contract relates is situated:
(1) Letters of attorney containing a power to a person to:
(A) sell or convey land; or
(B) sell and convey land as the agent of the owner of theland.
(2) An executory contract for the sale or purchase of land whenproved or acknowledged in the manner prescribed in thischapter for the proof or acknowledgment of conveyances.
The record when recorded and the certified transcript of the recordmay be read in evidence in the same manner and with the same effectas a conveyance.
As added by P.L.2-2002, SEC.6.