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.
Mich. Comp. Laws § 554.5
Freehold estates; chattels real; chattel interests
Applied in 1 court decision — leading case 270 Mich. App. 86 - Wengel v. Wengel (2006)
Most recently applied in 270 Mich. App. 86 - Wengel v. Wengel (May 2006)
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
Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.