Sec. 3. A conveyance of any real estate in fee simple or for life, a conveyance of any future estate, or a lease for more than three (3) years after the making of the lease is not valid and effectual against any person other than: (1) the grantor; (2) the grantor's heirs and devisees; and (3) persons having notice of the conveyance or lease; unless the conveyance or lease is made by a deed recorded within the time and in the manner provided in this chapter. [Pre-2002 Recodification Citation: 32-1-2-11.]
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