Ind. Code § 32-17-10-2

Current through P.L. 171-2024

Section 32-17-10-2 - Duration of possibility of reverter or right of entry for breach of condition subsequent

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.

IC 32-17-10-2

Pre-2002 Recodification Citation: 32-1-21-2.

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