Effect of conveyance by grantee to grantee and another
Sec. 2. (a) A person who owns real property or an interest in real
property that the person has the power to convey may effectively
convey the property or interest by a conveyance naming as grantees
that person and one (1) or more other persons.
(b) Two (2) or more persons who own real property or an interest
in real property that the persons have the power to convey may
effectively convey the property or interest by a conveyance naming
as grantees one (1) or more of those persons and one (1) or more
other persons.
(c) A conveyance under subsection (a) or (b) has the same effect
as to whether it creates an estate in:
(1) severalty;
(2) joint tenancy with right of survivorship;
(3) tenancy by the entirety; or
(4) tenancy in common;
as if the conveyance were a conveyance from a stranger who owned
the property or interest to the persons named as grantees in the
conveyance.
As added by P.L.2-2002, SEC.6.
Last modified: May 24, 2006