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Michigan Compiled Laws Act 53 Of 1941 Uniform Vendor And Purchaser Risk Act (565.701 - 565.703)
AN ACT concerning the risk of loss after a contract to sell realty, and to make uniform the law with reference thereto, and to repeal all acts or parts of acts inconsistent therewith.
1941, Act 53, Eff. Jan. 10, 1942
Section 565.701 Uniform Vendor And Purchaser Risk Act; Provisions Governing Same Deemed Part Of Contract.
Any contract hereafter made in this state for the purchase and sale of realty shall be interpreted as including an agreement that the parties...
Section 565.702 Construction Of Act; Uniformity.
This act shall be so interpreted and construed as to effectuate its general purpose to make uniform the law of those states which enact...
Section 565.703 Uniform Vendor And Purchaser Risk Act; Short Title.
This may be cited as the uniform vendor and purchaser risk act. History: 1941, Act 53, Eff. Jan. 10, 1942 ;-- CL 1948, 565.703
Last modified: October 10, 2016