Michigan Compiled Laws § 554.12 Reversion; Definition.


554.12 Reversion; definition.

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.


History: R.S. 1846, Ch. 62 ;-- CL 1857, 2596 ;-- CL 1871, 4079 ;-- How. 5528 ;-- CL 1897, 8794 ;-- CL 1915, 11530 ;-- CL 1929, 12932 ;-- CL 1948, 554.12


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Last modified: October 10, 2016