Estates in Possession and in Expectancy; Definition.

  1. Law
  2. Michigan Compiled Laws
  3. Real and Personal Property
  4. of 1846 - Revised Statutes of 1846 (554.1 - 554.46)
  5. Chapter 62 Chapter 62. of the Nature and Qualities of Estates in Real and Personal Property, and the Alienation Thereof. (554.1...554.46)
  6. Estates in Possession and in Expectancy; Definition.

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Sec. 8.

An estate in possession, is where the owner has an immediate right to the possession of the land; an estate in expectancy is where the right to the possession is postponed to a future period.

History: R.S. 1846, Ch. 62 ;-- CL 1857, 2592 ;-- CL 1871, 4075 ;-- How. 5524 ;-- CL 1897, 8790 ;-- CL 1915, 11526 ;-- CL 1929, 12928 ;-- CL 1948, 554.8


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