3.12 CONVEYANCES-RIGHT TO PURCHASE
When should a recital, contained in an instrument in the chain of title, of a right to purchase under a contract by a person otherwise a stranger to the title, no longer be considered a cloud?
After the instrument containing the recital has been of record for 15 years, provided the land has been apparently conveyed to a bona fide purchaser since the date of such instrument..
(Effective May 19, 1955)
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