Section 554.5 Freehold Estates; Chattels Real; Chattel Interests.

MI Comp L § 554.5 (2019) (N/A)
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Sec. 5.

Estates of inheritance and for life shall be denominated estates of freehold; estates for years shall be denominated chattels real; and estates at will or by sufferance shall be chattel interests, but shall not be liable as such to sale on executions.

History: R.S. 1846, Ch. 62 ;-- CL 1857, 2589 ;-- CL 1871, 4072 ;-- How. 5521 ;-- CL 1897, 8787 ;-- CL 1915, 11523 ;-- CL 1929, 12925 ;-- CL 1948, 554.5