Michigan Compiled Laws § 554.10 Future Estate; Definition.


554.10 Future estate; definition.

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.


History: R.S. 1846, Ch. 62 ;-- CL 1857, 2594 ;-- CL 1871, 4077 ;-- How. 5526 ;-- CL 1897, 8792 ;-- CL 1915, 11528 ;-- CL 1929, 12930 ;-- CL 1948, 554.10


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Last modified: October 10, 2016