Michigan Laws 445.1032 – Definitions
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Terms Used In Michigan Laws 445.1032
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Department: means the department of attorney general. See Michigan Laws 445.1032
- Freedom of Information Act: A federal law that mandates that all the records created and kept by federal agencies in the executive branch of government must be open for public inspection and copying. The only exceptions are those records that fall into one of nine exempted categories listed in the statute. Source: OCC
- grantee: may be construed as including every person to whom any such interest or estate passes in like manner. See Michigan Laws 8.3e
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Person: means an individual, partnership, corporation, association, governmental entity, or other legal entity. See Michigan Laws 445.1032
- Rule: means a rule promulgated pursuant to the administrative procedures act of 1969, 1969 PA 306, MCL 24. See Michigan Laws 445.1032
- state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories belonging to the United States; and the words "United States" shall be construed to include the district and territories. See Michigan Laws 8.3o
As used in this act:
(a) “Deed” means a written instrument entitled to be recorded in the office of the register of deeds that purports to convey or transfer title to a freehold interest in any lands, tenements, or other realty in this state by way of grant or bargain and sale from the named grantor to the named grantee. A leasehold interest for 99 years or more or a proprietary lease of a cooperative unit and any assignment of a proprietary lease of a cooperative unit shall be treated as a “freehold”. Deed does not include instruments providing for any of the following:
(i) Common driveways.
(ii) Exchanges of easements or rights-of-way.
(iii) Revocable licenses to use, adjust, or clear defects of or clouds on title.
(iv) Utility service lines such as drainage, sewerage, water, electric, telephone, or other such service lines.
(v) Quitclaim of possible outstanding interests.
(b) “Department” means the department of attorney general.
(c) “Person” means an individual, partnership, corporation, association, governmental entity, or other legal entity.
(d) “Public body” means that term as it is defined in section 2 of the freedom of information act, 1976 PA 442, MCL 15.232.
(e) “Rule” means a rule promulgated pursuant to the administrative procedures act of 1969, 1969 PA 306, MCL 24.201 to 24.328.
(f) “Solicit” means to advertise or market to a person with whom the solicitor has no preexisting business relationship.