Sec. 6. "Root of title" means that title transaction in the chain of title of a person: (1) that purports to create the interest claimed by the person; (2) upon which the person relies as a basis for the marketability of the person's title; and (3) that is the most recent to be recorded as of a date at least fifty (50) years before the time when marketability is being determined. The effective date of the root of title is the date on which it is recorded. [Pre-2002 Recodification Citation: 32-1-5-8(e).]
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