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2020 Indiana Code
Title 32. Property
Article 31. Landlord-Tenant Relations
Chapter 2. Recording Leases Longer Than Three Years
32-31-2-2. Failure to Record Lease; Effect
Universal Citation: IN Code § 32-31-2-2 (2020)
Sec. 2. (a) This section does not apply to any lease that is entered into by the Indiana department of transportation under IC 8-23-2.
(b) 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.
[Pre-2002 Recodification Citation: 32-7-2-1 part.]
As added by P.L.2-2002, SEC.16. Amended by P.L.14-2019, SEC.6.
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