Mich. Comp. Laws § 557.267
Purchaser for value; lender taking security interest in property.
Michigan · Michigan Compiled Laws — UNIFORM DISPOSITION OF COMMUNITY PROPERTY RIGHTS AT DEATH ACT (Act 289 of 1975) · Status: effective
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- Citation
- Mich. Comp. Laws § 557.267, Purchaser for value; lender taking security interest in property, Michigan, version 1 as recorded 2026-08-18, yourstate.us, https://yourstate.us/provision/1369942
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Full text
(1) If a surviving spouse has apparent title to property to which this act applies, a purchaser for value or a lender taking a security interest in the property takes his interest in the property free of any rights of the personal representative or an heir or devisee of the decedent.
(2) If a personal representative or an heir or devisee of the decedent has apparent title to property to which this act applies, a purchaser for value or a lender taking a security interest in the property takes his interest in the property free of any rights of the surviving spouse.
(3) A purchaser for value or a lender need not inquire whether a vendor or borrower acted properly.
(4) The proceeds of a sale or creation of a security interest shall be treated in the same manner as the property transferred to the purchaser for value or a lender.