Michigan § 557.267 Purchaser for value; lender taking security interest in property.

Michigan Statutes

§ 557.267 — Purchaser for value; lender taking security interest in property.

Michigan § 557.267

Ch. 557PROPERTY OF HUSBAND AND WIFE

Act 289 of 1975UNIFORM DISPOSITION OF COMMUNITY PROPERTY RIGHTS AT DEATH ACT (557.261-557.271)

This text of Michigan § 557.267 (Purchaser for value; lender taking security interest in property.) is published on Counsel Stack Legal Research, covering Michigan primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mich. Comp. Laws § 557.267 (2026).

Text

UNIFORM DISPOSITION OF COMMUNITY PROPERTY RIGHTS AT DEATH ACT (EXCERPT) Act 289 of 1975 557.267 Purchaser for value; lender taking security interest in property. Sec. 7.

(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 wheth

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UNIFORM DISPOSITION OF COMMUNITY PROPERTY RIGHTS AT DEATH ACT (EXCERPT) Act 289 of 1975 557.267 Purchaser for value; lender taking security interest in property. Sec. 7. (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.