Terms Used In Michigan Laws 554.22

  • person: may extend and be applied to bodies politic and corporate, as well as to individuals. See Michigan Laws 8.3l
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
   When a remainder shall be limited to take effect on the death of any person without heirs, or heirs of his body, or without issue, the words “heirs” or “issues” shall be construed to mean heirs or issue living at the death of the person named as ancestor.