Sec. 18. (a) Except as provided in subsection (b), this section applies to any transfer under this chapter.
(b) This section does not apply if the instrument is a lease for a term of four (4) years or less.
(c) The instrument shall be recorded in each county in which the property is located.
(d) Except as provided in subsection (e), a copy of the instrument shall be filed in the land office.
(e) If the transfer involves two (2) agencies, the instrument shall also be filed in the land office.