Conveyance by tenant for life or years
Sec. 5. A conveyance made by a tenant for life or years that
purports to grant or convey a greater estate than the tenant possesses
or can lawfully convey:
(1) does not result in a forfeiture of the tenants's estate; and
(2) passes to the grantee or alienee all the estate that the tenant
may lawfully convey.
As added by P.L.2-2002, SEC.2.
Last modified: May 24, 2006