A contract for valid consideration:
may not be voided by either party or the party's heirs, executors, administrators, or assigns if the nature and extent of the interest were, at the time of contract, known to the party, and the party's consent to the interest was obtained without fraud, conspiracy, or misrepresentation.
IC 32-17-12-1
Pre-2002 Recodification Citation: 32-1-11-1.