An unbroken chain of title must be established for how many years to establish a "marketable title" in Indiana?

To establish a "marketable title" in Indiana, an unbroken chain of title must be demonstrated for a period of at least 50 years. This requirement ensures that potential buyers can feel secure in their ownership, as it provides a clear and reliable history of property ownership without any gaps that might lead to disputes over the title. A 50-year period serves as a legal benchmark that reflects both historical and contemporary standards in property transactions, allowing for thorough due diligence by both buyers and lenders. Having this length of time helps to mitigate risks associated with claims from previous owners or other parties that could challenge the rights to the property. Understanding this concept is fundamental in real estate practices, particularly when assessing the value and legality of properties being sold.