reglab/housing_qa huggingface dataset:
IN Code § 32-17-3-3 (2021)
2021 Indiana Code|Title 32. Property|Article 17. Interests in Property|Chapter 3. Tenancy|32-17-3-3. Title Bond or Contract for Sale of Land; Survivorship

Sec. 3. If:(1) a husband and wife execute a title bond or contract for the conveyance of real estate owned by them as tenants by the entireties; and(2) one (1) of the spouses dies:(A) during the continuance of the marriage; and(B) before the whole of the agreed purchase price has been paid;the interest of the deceased spouse in the unpaid part of the purchase price passes to the surviving spouse in the same right as the surviving spouse's rights of survivorship in real estate held as tenants by the entireties.[Pre-2002 Recodification Citation: 32-4-3-1.]As added by P.L.2-2002, SEC.2.
IN Code § 32-17-3-4 (2021)
2021 Indiana Code|Title 32. Property|Article 17. Interests in Property|Chapter 3. Tenancy|32-17-3-4. Husband and Wife; Joint Deed of Conveyance

Sec. 4. (a) A joint deed of conveyance by a husband and wife is sufficient to convey and pass any interest described in the deed of either or both of them in land held by them as:(1) tenants in common;(2) joint tenants; or(3) tenants by the entireties.(b) An executed and recorded power of attorney by one (1) spouse to the other spouse authorizing the conveyance by the attorney in fact of any interest owned:(1) individually by the grantor (as defined in IC 32-17-1-1) of the power of attorney; or(2) with the grantor's spouse;enables the attorney in fact through the exercise of the power of attorney to effectively convey the interest in land by individually making a deed of conveyance.[Pre-2002 Recodification Citation: 32-1-2-6.]As added by P.L.2-2002, SEC.2.
IN Code § 32-17-4-1 (2021)
2021 Indiana Code|Title 32. Property|Article 17. Interests in Property|Chapter 4. Partition Proceedings|32-17-4-1. Compelling Partition; Defendants

Sec. 1. (a) The following persons may compel partition of land held in joint tenancy or tenancy in common as provided under this chapter:(1) A person that holds an interest in the land as a joint tenant or tenant-in-common either:(A) in the person's own right; or(B) as executor or trustee.(2) If the sale of the estate of a decedent who held an interest in the land as a joint tenant or tenant in common is necessary, the decedent's administrator or executor.(b) A trustee, an administrator, or an executor may be made a defendant in an action for the partition of real estate to answer as to any interest the trustee, administrator, or executor has in the real estate.[Pre-2002 Recodification Citation: 32-4-5-1.]As added by P.L.2-2002, SEC.2.
IN Code § 32-17-4-2 (2021)
2021 Indiana Code|Title 32. Property|Article 17. Interests in Property|Chapter 4. Partition Proceedings|32-17-4-2. Petition to Partition; Title Search

Sec. 2. (a) A person described in section 1(a) of this chapter may file a petition to compel partition in the circuit court, superior court, or probate court having probate jurisdiction of the county in which the land or any part of the land is located.(b) A petition filed under subsection (a) must contain the following:(1) A description of the premises.(2) The rights and titles in the land of the parties interested.(c) At the time a person files a petition under subsection (a), the person shall cause a title search to be made regarding the land that is the subject of the partition. The person shall file a copy of the results of the title search with the court.[Pre-2002 Recodification Citation: 32-4-5-2.]As added by P.L.2-2002, SEC.2. Amended by P.L.41-2012, SEC.2; P.L.84-2016, SEC.134.
IN Code § 32-17-4-23 (2021)
2021 Indiana Code|Title 32. Property|Article 17. Interests in Property|Chapter 4. Partition Proceedings|32-17-4-23. Partition of Fee and Life Estates

Sec. 23. A:(1) person that owns:(A) an undivided interest in fee simple in any lands; and(B) a life estate in:(i) the remaining part of the land; or(ii) any part of the remaining portion of the land; or(2) person that owns a fee in the land described in subdivision (1) that is subject to the undivided interest in fee and the life estate in the land;may compel partition of the land and have the fee simple interest in the land set off and determined in the same manner as land is partitioned under Indiana law.[Pre-2002 Recodification Citation: 32-4-6-1.]As added by P.L.2-2002, SEC.2.
IN Code § 32-17-5-1 (2021)
2021 Indiana Code|Title 32. Property|Article 17. Interests in Property|Chapter 5. Partition Investment Limitations|32-17-5-1. Application of Chapter

Sec. 1. This chapter applies to a person that is entitled to:(1) an estate in real estate for life or years;(2) an estate tail;(3) a fee simple;(4) a conditional, base, or qualified fee;(5) a particular, limited, or conditional estate in real estate; or(6) an interest in personal property;and any other person is entitled to a vested or contingent remainder, an executory devise, or any other vested or contingent interest in the same real estate or personal property.[Pre-2002 Recodification Citation: 32-4-8-1 part.]As added by P.L.2-2002, SEC.2.
IN Code § 32-17-5-2 (2021)
2021 Indiana Code|Title 32. Property|Article 17. Interests in Property|Chapter 5. Partition Investment Limitations|32-17-5-2. Decree Selling, Exchanging, or Leasing Property

Sec. 2. On application of a party in interest described in section 1 of this chapter, the circuit court, superior court, or probate court may, if all the parties are:(1) parties to the proceedings and before the court; or(2) properly served with notice as in other civil actions;decree a sale, exchange, or lease of the real estate, or sale or exchange of the personal property, if the court considers a sale, exchange, or lease to be advantageous to the parties concerned.[Pre-2002 Recodification Citation: 32-4-8-1 part.]As added by P.L.2-2002, SEC.2. Amended by P.L.84-2016, SEC.135.
IN Code § 32-17-5-3 (2021)
2021 Indiana Code|Title 32. Property|Article 17. Interests in Property|Chapter 5. Partition Investment Limitations|32-17-5-3. Investment of Proceeds

Sec. 3. If the court decrees a sale, exchange, or lease under section 2 of this chapter, the court shall direct the investment of the proceeds of the:(1) sale;(2) terms of the instrument of exchange or lease; or(3) limitations of the reversion and rents and income;so as to inure as by the original grant, devise, or condition to the use of the same parties who would be entitled to the property sold or leased or the income of the personal property.[Pre-2002 Recodification Citation: 32-4-8-1 part.]As added by P.L.2-2002, SEC.2.
IN Code § 32-17-5-4 (2021)
2021 Indiana Code|Title 32. Property|Article 17. Interests in Property|Chapter 5. Partition Investment Limitations|32-17-5-4. Effect of Decree

Sec. 4. If all persons in being are parties who would be entitled to the property sold or leased or the income of the personal property if the contingency had happened at the date of the commencement of the proceedings, a decree under section 2 of this chapter is binding on any person that claims an interest in the real estate or personal property:(1) under any party to the decree;(2) under any person from whom a party to the decree claims; or(3) from, under, or by the original:(A) deed;(B) will; or(C) instrument;by which the particular, limited, or conditional estate with remainders or executory devisees was created.[Pre-2002 Recodification Citation: 32-4-8-1 part.]As added by P.L.2-2002, SEC.2.
IN Code § 32-17-5-5 (2021)
2021 Indiana Code|Title 32. Property|Article 17. Interests in Property|Chapter 5. Partition Investment Limitations|32-17-5-5. Jurisdiction; Guardian Ad Litem

Sec. 5. (a) The circuit court, superior court, or probate court:(1) of the county in which a will, deed, or instrument:(A) is probated or recorded; and(B) under or from which a party claims or derives the party's interest in the real or personal property that is the subject of the will, deed, or instrument; or(2) that has jurisdiction of a trust from which the property is derived;has jurisdiction to hear and determine the rights of the parties under this chapter. Proceedings under this chapter are commenced by complaint as in other civil actions.(b) For an infant defendant who is a member of the class for whom property that is the subject of a proceeding under this chapter is held:(1) in reversion;(2) in remainder; or(3) upon condition;the court shall appoint a special guardian ad litem who is not related to any of the parties interested in the property. The living members stand for and represent the whole class, and the parties stand for and represent the full title and whole interest in the property.[Pre-2002 Recodification Citation: 32-4-8-2.]As added by P.L.2-2002, SEC.2. Amended by P.L.84-2016, SEC.136.
IN Code § 32-17-5-6 (2021)
2021 Indiana Code|Title 32. Property|Article 17. Interests in Property|Chapter 5. Partition Investment Limitations|32-17-5-6. Personal Property; Investment in Securities

Sec. 6. If the proceeds under section 3 of this chapter are invested in personal property, the court may, in the court's decree, direct additional investment:(1) in securities; and(2) upon terms and conditions;that the court considers to be in the best interests of the parties.[Pre-2002 Recodification Citation: 32-4-8-3.]As added by P.L.2-2002, SEC.2.
IN Code § 32-17-6-1 (2021)
2021 Indiana Code|Title 32. Property|Article 17. Interests in Property|Chapter 6. Powers of Appointment-Renunciation or Exercise|32-17-6-1. Application of Chapter

Sec. 1. This chapter applies to a person who holds a power of appointment under any of the following:(1) A last will and testament of a decedent.(2) A deed.(3) An indenture of trust inter vivos.(4) An insurance policy.(5) Any other contract or instrument.[Pre-2002 Recodification Citation: 32-3-1-1 part.]As added by P.L.2-2002, SEC.2.
IN Code § 32-17-6-2 (2021)
2021 Indiana Code|Title 32. Property|Article 17. Interests in Property|Chapter 6. Powers of Appointment-Renunciation or Exercise|32-17-6-2. Execution of Instruments; Renouncing or Exercising Power

Sec. 2. A person described in section 1 of this chapter may execute an appropriate written instrument to, in whole or in part:(1) renounce the person's right of appointment; or(2) exercise the person's power of appointment one (1) or more times.[Pre-2002 Recodification Citation: 32-3-1-1 part.]As added by P.L.2-2002, SEC.2.
IN Code § 32-17-6-3 (2021)
2021 Indiana Code|Title 32. Property|Article 17. Interests in Property|Chapter 6. Powers of Appointment-Renunciation or Exercise|32-17-6-3. Renouncing Right of Appointment

Sec. 3. A renouncement of a right of appointment is final and irrevocable unless the right to revoke the renouncement or to repossess the right of appointment is expressly reserved in the instrument of renouncement.[Pre-2002 Recodification Citation: 32-3-1-1 part.]As added by P.L.2-2002, SEC.2.
IN Code § 32-17-6-4 (2021)
2021 Indiana Code|Title 32. Property|Article 17. Interests in Property|Chapter 6. Powers of Appointment-Renunciation or Exercise|32-17-6-4. Power of Appointment

Sec. 4. Unless a person exercising a power of appointment expressly renounces and surrenders the right to revoke an appointment in the instrument of appointment, the person may subsequently revoke the appointment and may periodically:(1) exercise;(2) revoke the exercise of; and(3) reexercise the power of appointment.[Pre-2002 Recodification Citation: 32-3-1-1 part.]As added by P.L.2-2002, SEC.2.
IN Code § 32-17-6-5 (2021)
2021 Indiana Code|Title 32. Property|Article 17. Interests in Property|Chapter 6. Powers of Appointment-Renunciation or Exercise|32-17-6-5. Effect of Subsequent Appointment

Sec. 5. A subsequent exercise of a right of appointment is a revocation of all prior appointments to the extent that the subsequent appointment conflicts or is inconsistent with any prior appointments.[Pre-2002 Recodification Citation: 32-3-1-1 part.]As added by P.L.2-2002, SEC.2.
IN Code § 32-17-6-6 (2021)
2021 Indiana Code|Title 32. Property|Article 17. Interests in Property|Chapter 6. Powers of Appointment-Renunciation or Exercise|32-17-6-6. Last Unrevoked Appointment

Sec. 6. The last unrevoked exercise of a power of appointment is effective and controlling.[Pre-2002 Recodification Citation: 32-3-1-1 part.]As added by P.L.2-2002, SEC.2.
IN Code § 32-17-8-1 (2021)
2021 Indiana Code|Title 32. Property|Article 17. Interests in Property|Chapter 8. Uniform Statutory Rule Against Perpetuities|32-17-8-1. Application of Chapter; Reformation of Disposition Created Before May 8, 1991

Sec. 1. (a) Except as provided in subsection (b), this chapter applies to a nonvested property interest or a power of appointment that is created on or after May 8, 1991. For purposes of this section, a nonvested property interest or a power of appointment created by the exercise of a power of appointment is created when the power is irrevocably exercised or when a revocable exercise becomes irrevocable.(b) If a nonvested property interest or a power of appointment was created before May 8, 1991, and:(1) is determined in a judicial proceeding commenced on or after May 8, 1991, to violate this state's rule against perpetuities as that rule existed before May 8, 1991; or(2) may violate this state's rule against perpetuities as that rule existed before May 8, 1991;a court upon the petition of an interested person shall reform the disposition by inserting a savings clause that most closely preserves the transferor's plan of distribution and is within the limits of the rule against perpetuities applicable when the nonvested property interest or power of appointment was created.[Pre-2002 Recodification Citation: 32-1-4.5-1.]As added by P.L.2-2002, SEC.2.
IN Code § 32-17-8-2 (2021)
2021 Indiana Code|Title 32. Property|Article 17. Interests in Property|Chapter 8. Uniform Statutory Rule Against Perpetuities|32-17-8-2. Exclusions

Sec. 2. This chapter does not apply to the following:(1) A nonvested property interest or a power of appointment arising out of a nondonative transfer, except a nonvested property interest or a power of appointment arising out of any of the following:(A) A premarital or postmarital agreement.(B) A separation or divorce settlement.(C) A spouse's election.(D) A similar arrangement arising out of a prospective, an existing, or a previous marital relationship between the parties.(E) A contract to make or not to revoke a will or trust.(F) A contract to exercise or not to exercise a power of appointment.(G) A transfer in satisfaction of a duty of support.(H) A reciprocal transfer.(2) A fiduciary's power relating to the administration or management of assets, including the power of a fiduciary to sell, lease, or mortgage property, and the power of a fiduciary to determine principal and income.(3) A power to appoint a fiduciary.(4) A discretionary power of a trustee to distribute principal before termination of a trust to a beneficiary having an indefeasibly vested interest in the income and principal.(5) A nonvested property interest held by a charity, government, or governmental agency or subdivision, if the nonvested property interest is preceded by an interest held by another charity, government, or governmental agency or subdivision.(6) A nonvested property interest in or a power of appointment with respect to a trust or other property arrangement forming part of a pension, a profit sharing, a stock bonus, a health, a disability, a death benefit, an income deferral, or other current or deferred benefit plan for one (1) or more employees, independent contractors, or their beneficiaries or spouses, to which contributions are made for the purpose of distributing to or for the benefit of the participants or their beneficiaries or spouses the property, income, or principal in the trust or other property arrangement, except a nonvested property interest or a power of appointment that is created by an election of a participant or a beneficiary or spouse.(7) A property interest, power of appointment, or arrangement that was not subject to the common law rule against perpetuities or is excluded by another Indiana statute.(8) A:(A) provision for the accumulation of an amount of the income of a trust estate reasonably necessary for the upkeep, repair, or proper management of the subject of the estate;(B) direction in a trust that provides for the allocation wholly or in part to the principal of the trust of stock dividends or stock rights derived from shares held in a trust;(C) provision for a sinking or reserve fund; or(D) statutory provision directing an accumulation.[Pre-2002 Recodification Citation: 32-1-4.5-2.]As added by P.L.2-2002, SEC.2.
IN Code § 32-17-8-3 (2021)
2021 Indiana Code|Title 32. Property|Article 17. Interests in Property|Chapter 8. Uniform Statutory Rule Against Perpetuities|32-17-8-3. Nonvested Property Interests; Powers of Appointment; Validity

Sec. 3. (a) A nonvested property interest is valid if:(1) when the interest is created, the interest is certain to vest or terminate not later than twenty-one (21) years after the death of an individual then alive; or(2) the interest either vests or terminates within ninety (90) years after the interest's creation.(b) A general power of appointment not presently exercisable because of a condition precedent is valid if:(1) when the power is created, the condition precedent is certain to be satisfied or become impossible to satisfy not later than twenty-one (21) years after the death of an individual then alive; or(2) the condition precedent either is satisfied or becomes impossible to satisfy within ninety (90) years after the condition precedent's creation.(c) A nongeneral power of appointment or a general testamentary power of appointment is valid if:(1) when the power is created, the power is certain to be irrevocably exercised or otherwise to terminate not later than twenty-one (21) years after the death of an individual then alive; or(2) the power is irrevocably exercised or otherwise terminates within ninety (90) years after the power's creation.(d) In determining whether a nonvested property interest or a power of appointment is valid under subsection (a)(1), (b)(1), or (c)(1), the possibility that a child will be born to an individual after the individual's death is disregarded.[Pre-2002 Recodification Citation: 32-1-4.5-3.]As added by P.L.2-2002, SEC.2.
IN Code § 32-17-8-4 (2021)
2021 Indiana Code|Title 32. Property|Article 17. Interests in Property|Chapter 8. Uniform Statutory Rule Against Perpetuities|32-17-8-4. Nonvested Property Interests or Powers of Appointment; Time of Creation

Sec. 4. (a) Except as provided in subsections (b) and (c) and in section 1(a) of this chapter, the time of creation of a nonvested property interest or a power of appointment is determined under general principles of property law.(b) For purposes of this chapter, if there is a person who alone can exercise a power created by a governing instrument to become the unqualified beneficial owner of:(1) a nonvested property interest; or(2) a property interest subject to a power of appointment described in section 3(b) or 3(c) of this chapter;the nonvested property interest or power of appointment is created when the power to become the unqualified beneficial owner terminates.(c) For purposes of this chapter, a nonvested property interest or a power of appointment arising from a transfer of property to a previously funded trust or other existing property arrangement is created when the nonvested property interest or power of appointment in the original contribution was created.[Pre-2002 Recodification Citation: 32-1-4.5-4.]As added by P.L.2-2002, SEC.2.
IN Code § 32-17-8-5 (2021)
2021 Indiana Code|Title 32. Property|Article 17. Interests in Property|Chapter 8. Uniform Statutory Rule Against Perpetuities|32-17-8-5. Clauses Taking Effect Upon the Later of Certain Occurrences; Portion Invalid; Construction

Sec. 5. (a) This section applies to a clause in a governing instrument that:(1) purports to:(A) postpone the vesting or termination of any interest or trust until;(B) disallow the vesting or termination of any interest or trust beyond;(C) require all interests or trusts to vest or terminate not later than; or(D) operate in any similar fashion upon;the occurrence of an event described in subdivision (2); and(2) takes effect upon the later of the following occurrences:(A) The expiration of a period that exceeds twenty-one (21) years or that might exceed twenty-one (21) years after the death of the survivor of lives in being at the creation of the trust or other property arrangement.(B) The death of, or the expiration of a period not exceeding twenty-one (21) years after the death of, the survivor of specified lives in being at the creation of the trust or other property arrangement.(b) If a clause described in subsection (a) appears in an instrument creating a trust or other property arrangement, then, in measuring a period from the creation of a trust or other property arrangement, the portion of the clause that pertains to the period that exceeds twenty-one (21) years or that might exceed twenty-one (21) years after the death of the survivor of lives in being at the creation of the trust or other property arrangement is not valid. The court shall construe the clause as becoming effective upon:(1) the death of; or(2) the expiration of the period not exceeding twenty-one (21) years after the death of;the survivor of the specified lives in being at the creation of the trust or other property arrangement.[Pre-2002 Recodification Citation: 32-1-4.5-5.]As added by P.L.2-2002, SEC.2.
IN Code § 32-17-8-6 (2021)
2021 Indiana Code|Title 32. Property|Article 17. Interests in Property|Chapter 8. Uniform Statutory Rule Against Perpetuities|32-17-8-6. Judicial Reformation of Disposition

Sec. 6. Upon the petition of an interested person, a court shall reform a disposition in the manner that most closely preserves the transferor's plan of distribution and is within the ninety (90) years allowed by section 3(a)(2), 3(b)(2), or 3(c)(2) of this chapter if:(1) a nonvested property interest or a power of appointment becomes invalid under section 3 of this chapter;(2) a class gift is not but might become invalid under section 3 of this chapter and the time has arrived when the share of any class member is to take effect in possession or enjoyment; or(3) a nonvested property interest that is not validated by section 3(a)(1) of this chapter can vest but not within ninety (90) years after the interest's creation.[Pre-2002 Recodification Citation: 32-1-4.5-6.]As added by P.L.2-2002, SEC.2.
IN Code § 32-17-10-1 (2021)
2021 Indiana Code|Title 32. Property|Article 17. Interests in Property|Chapter 10. Limitations on Possibility of Reverter or Rights of Entry for a Breach of a Condition Subsequent|32-17-10-1. Application of Chapter

Sec. 1. This chapter does not apply to the following:(1) A conveyance made for the purpose of extinguishing a possibility of reverter or a right of entry.(2) The rights of:(A) a mortgagee based on the terms of the mortgage;(B) a trustee or beneficiary under a trust deed in the nature of a mortgage based on the terms of the trust deed;(C) a grantor under a vendor's lien reserved in a deed;(D) a lessor under a lease for a term of years; or(E) a person with a separate property interest in coal, oil, gas, or other minerals.[Pre-2002 Recodification Citation: 32-1-21-1.]As added by P.L.2-2002, SEC.2.
IN Code § 32-17-10-2 (2021)
2021 Indiana Code|Title 32. Property|Article 17. Interests in Property|Chapter 10. Limitations on Possibility of Reverter or Rights of Entry for a Breach of a Condition Subsequent|32-17-10-2. Duration of Possibility of Reverter or Right of Entry for Breach of Condition Subsequent

Sec. 2. A possibility of reverter or right of entry for breach of a condition subsequent concerning real property is invalid after thirty (30) years from the date the possibility of reverter or right of entry is created, notwithstanding a period of creation longer than thirty (30) years:(1) if the breach of the condition has not occurred; and(2) despite whether the possibility of reverter or right of entry was created before, on, or after July 1, 1993.[Pre-2002 Recodification Citation: 32-1-21-2.]As added by P.L.2-2002, SEC.2.