IC 32-31-2


    

Chapter 2. Recording Leases Longer Than Three Years


IC 32-31-2-1

Necessity of recording

    


Sec. 1. Not more than forty-five (45) days after its execution, a
lease of real estate for a period longer than three (3) years shall be
recorded in the Miscellaneous Record in the recorder's office of the
county in which the real estate is located.

As added by P.L.2-2002, SEC.16.


IC 32-31-2-2

Failure to record lease; effect

    


Sec. 2. If a lease for a period longer than three (3) years is not
recorded within forty-five (45) days after its execution, the lease is
void against any subsequent purchaser, lessee, or mortgagee who
acquires the real estate in good faith and for valuable consideration.

As added by P.L.2-2002, SEC.16.