Future estates; life estates; remainders

Ind. Code § 32-17-2-3
in effect
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Sec. 3. (a) A freehold estate and a chattel real may be created to begin at a future day. (b) An estate for life: (1) may be created in a term of years with or without the intervention of a precedent estate; and (2) a remainder may be limited on the estate for life. (c) A remainder of a freehold or a chattel real, either contingent or vested, may be created, expectant on the termination of a term of years. [Pre-2002 Recodification Citation: 32-1-2-34.] As added by P.L.2-2002, SEC.2.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/32Fetched: 10/17/2026

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