Michigan Laws > Chapter 211 > Act 92 of 1943 – Withholding Lands From Sale
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Terms Used In Michigan Laws > Chapter 211 > Act 92 of 1943 - Withholding Lands From Sale
- Deed: The legal instrument used to transfer title in real property from one person to another.
- department: means the department of natural resources. See Michigan Laws 211.371
- Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
- grantee: may be construed as including every person to whom any such interest or estate passes in like manner. See Michigan Laws 8.3e
- 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.