Tenants and Remainderman; Apportionment of Expenses

Checkout our iOS App for a better way to browser and research.

Section 58. If part of the mill is held by a tenant for life or years, the amount due for the repairs and other expenses on that part of the mill shall be apportioned on the tenant for life or years and on the remainderman or reversioner in proportion to the value of their respective interest; and the person to whom the money is due from such remainderman or reversioner shall have a lien on the rents and profits belonging to him after his estate comes into possession, if not sooner paid, notwithstanding any limitation by lapse of time.


Download our app to see the most-to-date content.