Michigan Laws > Chapter 557 > Act 118 of 1978 – Ownership of Property Acquired Jointly After Good Faith Marriage
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| § 557.111 | Ownership of property acquired jointly after good faith marriage |
Terms Used In Michigan Laws > Chapter 557 > Act 118 of 1978 - Ownership of Property Acquired Jointly After Good Faith Marriage
- Contract: A legal written agreement that becomes binding when signed.
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- Right of survivorship: The ownership rights that result in the acquisition of title to property by reason of having survived other co-owners.