There is a newer version of the Michigan Compiled Laws
2015 Michigan Compiled Laws
Chapter 559 - Condominiums
Act 59 of 1978 CONDOMINIUM ACT (559.101 - 559.276)***** 559.166.amended THIS AMENDED SECTION IS EFFECTIVE FEBRUARY 1, 2016 *****
***** 559.166 THIS SECTION IS AMENDED EFFECTIVE FEBRUARY 1, 2016: See 559.166.amended *****
Section 559.213 Financing.
MI Comp L § 559.213 (2015) What's This?
559.213 Financing.
Sec. 113.
A developer, residential builder, or sales agent shall not require that a prospective purchaser of a condominium unit obtain financing from a specific financial institution exclusively.
History: 1978, Act 59, Eff. July 1, 1978 ;-- Am. 2000, Act 379, Imd. Eff. Jan. 2, 2001
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