Instruments creating estates in remainder, etc.

All wills and conveyances, creating estates in lands in remainder or reversion or upon a condition, after an estate for life or lives, are inoperative and void as against the creditors of the tenant for life or lives in possession after a possession of five years by such tenant, unless the will or conveyance is recorded within five years from the entry and possession of such tenant.

(Code 1852, §1290; Code 1867, §1560; Code 1876, §2169; Code 1886, §1813; Code 1896, §1008; Code 1907, §3385; Code 1923, §6889; Code 1940, T. 47, §122.)