Wife's interest in real property by reason of marriage;
extinguishment
Sec. 3.1. A married man may, in his own name as if he were
unmarried, sell, barter, exchange, mortgage, lease, contract to sell,
convey or execute any instrument, contract or commitment of any
kind whatsoever affecting or in relation to his real property, and the
deed, mortgage, lease or other instrument, contract or commitment
so executed by a married man without the joinder or assent of his
wife shall have the same effect as if it had been executed by the
husband joined by his competent wife. Any such act or instrument,
or any sale, disposition, transfer or encumbrance of the husband's
real property by virtue of any decree, execution or mortgage, even
though the wife is not a party thereto, shall extinguish the right of the
wife to her one-third of any of said real property and shall extinguish
any other right, choate or inchoate, of the wife in said real property
which arose or could arise by reason of the marital relationship.
(Formerly: Acts 1973, P.L.288, SEC.1.)
Last modified: May 27, 2006