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In This Volume

  • 11 (1) In this section, “transferred” includes a vesting by declaration of trust or order of court.
  • (2) If, by an instrument executed after April 20, 1891, land is transferred or devised in fee simple, charged, or contracted to be sold by a valid agreement for sale in which the vendor agrees to transfer the land to 2 or more persons, other than personal representatives or trustees, they are tenants in common unless a contrary intention appears in the instrument.
  • (3) If the interests of the tenants in common are not stated in the instrument, they are presumed to be equal.

1979-340-11.