Section 32-17-2-3 - Future estates; life estates; remainders(a) A freehold estate and a chattel real may be created to begin at a future day.(b) An estate for life: (1) may be created in a term of years with or without the intervention of a precedent estate; and(2) a remainder may be limited on the estate for life.(c) A remainder of a freehold or a chattel real, either contingent or vested, may be created, expectant on the termination of a term of years.Pre-2002 Recodification Citation: 32-1-2-34.
As added by P.L. 2-2002, SEC.2.