Sec. 1. (a) This section does not apply to:
(1) mortgages;
(2) conveyances in trust; or
(3) conveyances made to husband and wife.
(b) Every estate vested in executors or trustees as executors shall
be held by them in joint tenancy.
(c) Except as provided in subsection (b), a conveyance or devise
of land or of any interest in land made to two (2) or more persons
creates an estate in common and not in joint tenancy unless:
(1) it is expressed in the conveyance or devise that the grantees
or devisees hold the land or interest in land in joint tenancy and
to the survivor of them; or
(2) the intent to create an estate in joint tenancy manifestly
appears from the tenor of the instrument.

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

Last modified: May 24, 2006