Acquisition by aliens; title to property
Sec. 5. (a) Natural persons who are aliens, whether they reside in
the United States or any foreign country, subject to section 7 of this
chapter, may:
(1) acquire real estate by purchase, devise, or descent;
(2) hold and enjoy real estate; and
(3) convey, devise, transmit, mortgage, or otherwise encumber
real estate;
in the same manner and with the same effect as citizens of Indiana or
the United States.
(b) The title of any real estate inherited, mortgaged, conveyed, or
devised is not affected by the alienage of any person from or through
whom the title is claimed or derived.
As added by P.L.2-2002, SEC.7. Amended by P.L.16-2003, SEC.1.
Last modified: May 24, 2006