32 chapters · 254 sections in this title.
Mich. Comp. Laws § 554.1 Estates in lands; kinds as respects length of enjoyment.
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Sec. 1. Estates in lands are divided into estates of inheritance, estates for life, estates for years, and estates at will and by sufferance.
Mich. Comp. Laws § 554.10 Future estate; definition.
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Sec. 10. A future estate is an estate limited to commence in possession at a future day, either without the intervention of a precedent estate, or on the determination, by lapse of time or otherwise, of a precedent estate, created at the same time.
Mich. Comp. Laws § 554.11 Future estate; remainder.
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Sec. 11. When a future estate is dependent upon a precedent estate, it may be termed a remainder, and may be created and transferred by that name.
Mich. Comp. Laws § 554.12 Reversion; definition.
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Sec. 12. A reversion is the residue of an estate left in the grantor or his heirs, or in the heirs of a testator, commencing in possession on the determination of a particular estate granted or devised.
Mich. Comp. Laws § 554.13 Future estates; classifications, definitions.
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Sec. 13. Future estates are either vested or contingent: They are vested when there is a person in being who would have an immediate right to the possession of the lands, upon the ceasing of the intermediate or precedent estate. They are contingent whilst the person to whom, or t…