Michigan § 555.7 - Payment of consideration for conveyance to another; resulting trust, alienee title.
Full text of Michigan Michigan Compiled Laws § 555.7 — Payment of consideration for conveyance to another; resulting trust, alienee title., with citation guidance and answers to common questions.
§ 555.7. Payment of consideration for conveyance to another; resulting trust, alienee title.
When a grant for a valuable consideration shall be made to 1 person, and the consideration therefor shall be paid by another, no use or trust shall result in favor of the person by whom such payment shall be made; but the title shall vest in the person named as the alienee in such conveyance, subject only to the provisions of the next section.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 555.7
What does Michigan Compiled Laws § 555.7 cover?
Section 555.7 ("Payment of consideration for conveyance to another; resulting trust, alienee title.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 555.7?
A common citation format is "Michigan Compiled Laws § 555.7" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 555.7 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.