Michigan Laws 600.6023a – Property held jointly by husband and wife; exemption under judgment entered against 1 spouse
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Terms Used In Michigan Laws 600.6023a
- judgment: as used in this act , includes decree. See Michigan Laws 600.112
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- Tenancy by the entirety: A type of joint tenancy between husband and wife that is recognized in some States. Neither party can sever the joint tenancy relationship; when a spouse dies, the survivor acquires full title to the property.
Property described in section 1 of 1927 PA 212, MCL 557.151, or real property, held jointly by a husband and wife as a tenancy by the entirety is exempt from execution under a judgment entered against only 1 spouse.