Technically, from a pure xml perspective, I would say that this is probably a bad thing to want to do.
.NET hides much of the complexity of things like XmlSerialization - in this case, it hides the schema to which your serialized xml should conform.
The inferred schema will use sequence elements to describe the base type, and the extension types. This requires strict ordering -- even if the Deserializer is less strict and accepts out of order elements.
In xml schemas, when defining extension types, the additional elements from the child class must come after the elements from the base class.
you would essentially have a schema that looks something like (xml-y tags removed for clarity)
base
sequence
prop1
prop3
derived1 extends base
sequence
<empty>
derived2 extends base
sequence
prop2
There's no way to stick a placeholder in between prop1 and prop3 to indicate where the properties from the derived xml can go.
In the end, you have a mismatch between your data format and your business object. Probably your best alternative is to define an object to deal with your xml serialization.
For example
[XmlRoot("Object")
public class SerializableObjectForPersistance
{
[XmlElement(Order = 1)]
public bool Property1 { get; set; }
[XmlElement(Order = 2, IsNullable=true)]
public bool Property2 { get; set; }
[XmlElement(Order = 3)]
public bool Property3 { get; set; }
}
This separates your xml serialization code from your object model. Copy all the values from SerializableObject1 or SerializableObject2 to SerializableObjectForPersistance, and then serialize it.
Essentially, if you want such specific control over the format of your serialized xml that doesn't quite jive with the expectations xml serialization framework, you need to decouple your business object design (inheritance structure in this case) and the responsibility for serialization of that business object.