Michigan Compiled Laws § 554.6 Estate For Life Of Another; Nature.

554.6 Estate for life of another; nature.

Sec. 6.

An estate for the life of a third person, whether limited to heirs or otherwise, shall be deemed a freehold only during the life of the grantee or devisee, but after his death it shall be deemed a chattel real.

History: R.S. 1846, Ch. 62 ;-- CL 1857, 2590 ;-- CL 1871, 4073 ;-- How. 5522 ;-- CL 1897, 8788 ;-- CL 1915, 11524 ;-- CL 1929, 12926 ;-- CL 1948, 554.6

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Last modified: October 10, 2016