Conveyances dividing single property tax tracts into multiple
parcels; requirements for recording
Sec. 13. (a) If the auditor of the county or the township assessor
under IC 6-1.1-5-9 and IC 6-1.1-5-9.1 determines it necessary, an
instrument transferring fee simple title to less than the whole of a
tract that will result in the division of the tract into at least two (2)
parcels for property tax purposes may not be recorded unless the
auditor or township assessor is furnished a drawing or other reliable
evidence of the following:
(1) The number of acres in each new tax parcel being created.
(2) The existence or absence of improvements on each new tax
parcel being created.
(3) The location within the original tract of each new tax parcel
being created.
(b) Any instrument that is accepted for recording and placed of
record that bears the endorsement required by IC 36-2-11-14 is
presumed to comply with this section.
As added by P.L.2-2002, SEC.6.
Last modified: May 24, 2006