§ 554.1 Estates in lands; kinds as respects length of enjoyment
§ 554.2 Estate of inheritance; fee simple
§ 554.3 Estate of inheritance; fee tail; abolition, declaration as fee simple
§ 554.4 Estate of inheritance; remainder in fee after a fee tail; validity
§ 554.5 Freehold estates; chattels real; chattel interests
§ 554.6 Estate for life of another; nature
§ 554.7 Estates in land; kinds as respects time of enjoyment
§ 554.8 Estates in possession and in expectancy; definition
§ 554.9 Estates in expectancy; classifications
§ 554.10 Future estate; definition
§ 554.11 Future estate; remainder
§ 554.12 Reversion; definition
§ 554.13 Future estates; classifications, definitions
§ 554.22 Heirs and issue; construction as used in remainders
§ 554.24 Estates to commence in future; estates in term for years
§ 554.25 Alternative future estates
§ 554.26 Future estates; validity as affected by probability of contingency
§ 554.27 Remainder on contingency defeating prior estate; construction
§ 554.28 Rule in Shelly’s Case; abolition
§ 554.29 Remainder not contingency defeating prior estate; construction
§ 554.30 Posthumous child; right to take estate
§ 554.31 Posthumous child; effect of birth on certain future estates
§ 554.32 Expectant estates; effect of alienation or destruction of precedent estate
§ 554.33 Expectant estates; authorized method of defeasance, effect on original validity
§ 554.34 Contingent remainder; effect of premature determination of precedent estate
§ 554.35 Expectant estates; qualities
§ 554.36 Rents and profits to accrue; disposition
§ 554.41 Expectant estates; time of creation
§ 554.42 Expectant estates; abolition, exceptions
§ 554.43 Estates; kinds in respect to number and connection of owners; nature
§ 554.44 Land conveyance to two or more persons; estate created
§ 554.45 Land conveyance; exceptions to preceding section
§ 554.46 Land conveyance; nominal conditions; effect of failure to perform

Terms Used In Michigan Laws > Chapter 554 > R.S. of 1846 > Chapter 62 - Of the Nature and Qualities of Estates in Real and Personal Property, and the Alienation Thereof

  • Advice and consent: Under the Constitution, presidential nominations for executive and judicial posts take effect only when confirmed by the Senate, and international treaties become effective only when the Senate approves them by a two-thirds vote.
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Area agency on aging: means an agency designated by the commission under section 4(i). See Michigan Laws 400.582
  • Arrest: Taking physical custody of a person by lawful authority.
  • Benefit: means the receipt of money, goods, or anything of pecuniary value. See Michigan Laws 400.602
  • Claim: means any attempt to cause the department of community health to pay out sums of money under the social welfare act. See Michigan Laws 400.602
  • Commission: means the commission on services to the aging established under section 3. See Michigan Laws 400.582
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Contract: A legal written agreement that becomes binding when signed.
  • Conviction: A judgement of guilt against a criminal defendant.
  • 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.
  • Deceptive: means making a claim or causing a claim to be made under the social welfare act that contains a statement of fact or that fails to reveal a fact, which statement or failure leads the department to believe the represented or suggested state of affair to be other than it actually is. See Michigan Laws 400.602
  • Dependent: A person dependent for support upon another.
  • Devise: To gift property by will.
  • Director: means the director of the office of services to the aging. See Michigan Laws 400.582
  • Donor: The person who makes a gift.
  • Embezzlement: In most states, embezzlement is defined as theft/larceny of assets (money or property) by a person in a position of trust or responsibility over those assets. Embezzlement typically occurs in the employment and corporate settings. Source: OCC
  • Escheat: Reversion of real or personal property to the state when 1) a person dies without leaving a will and has no heirs, or 2) when the property (such as a bank account) has been inactive for a certain period of time. Source: OCC
  • False: means wholly or partially untrue or deceptive. See Michigan Laws 400.602
  • Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
  • firearm: except as otherwise specifically defined in statute, includes any weapon which will, is designed to, or may readily be converted to expel a projectile by action of an explosive. See Michigan Laws 8.3t
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Forgery: The fraudulent signing or alteration of another's name to an instrument such as a deed, mortgage, or check. The intent of the forgery is to deceive or defraud. Source: OCC
  • Fraud: Intentional deception resulting in injury to another.
  • Funds: means general tax revenues, federal revenue sharing funds, state revenue sharing funds, and other funds under the control of the governing body. See Michigan Laws 400.572
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Governing body: means board, council, or body in which the legislative powers of a local unit of government are vested. See Michigan Laws 400.572
  • grantee: may be construed as including every person to whom any such interest or estate passes in like manner. See Michigan Laws 8.3e
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Health facility or agency: means a health facility or agency, as defined in section 20106 of the public health code, 1978 PA 368, MCL 333. See Michigan Laws 400.602
  • Joint tenancy: A form of property ownership in which two or more parties hold an undivided interest in the same property that was conveyed under the same instrument at the same time. A joint tenant can sell his (her) interest but not dispose of it by will. Upon the death of a joint tenant, his (her) undivided interest is distributed among the surviving joint tenants.
  • knowingly: means that a person is in possession of facts under which he or she is aware or should be aware of the nature of his or her conduct and that his or her conduct is substantially certain to cause the payment of a medicaid benefit. See Michigan Laws 400.602
  • Life estate: A property interest limited in duration to the life of the individual holding the interest (life tenant).
  • Local unit of government: means a county, township, city, or village. See Michigan Laws 400.572
  • Long-term care facility: means 1 or more of the following:
  (i) A home for the aged as defined in section 20106(3) of the public health code, Act No. See Michigan Laws 400.582
  • Medicaid benefit: means a benefit paid or payable under a program for medical assistance for the medically indigent in accordance with the social welfare act. See Michigan Laws 400.602
  • Nolo contendere: No contest-has the same effect as a plea of guilty, as far as the criminal sentence is concerned, but may not be considered as an admission of guilt for any other purpose.
  • Office: means the office of services to the aging created by section 5. See Michigan Laws 400.582
  • Older person: means an individual 60 years of age or older. See Michigan Laws 400.572
  • Older person: means a state resident who is 60 years of age or older, and the spouse of the older person, regardless of age. See Michigan Laws 400.582
  • 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, corporation, association, partnership, or other legal entity. See Michigan Laws 400.602
  • person: may extend and be applied to bodies politic and corporate, as well as to individuals. See Michigan Laws 8.3l
  • Personal property: All property that is not real property.
  • Plea: In a criminal case, the defendant's statement pleading "guilty" or "not guilty" in answer to the charges, a declaration made in open court.
  • Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
  • 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.
  • shall not apply: means that the pertinent provision is not operative as to certain persons or things or in conjunction with a particular date or dates. See Michigan Laws 8.4c
  • Social welfare act: means the social welfare act, 1939 PA 280, MCL 400. See Michigan Laws 400.602
  • 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
  • Statute: A law passed by a legislature.
  • Testator: A male person who leaves a will at death.