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2006 Michigan Compiled Laws - Act 92 of 1993


SELLER DISCLOSURE ACT

Act 92 of 1993

AN ACT to require certain disclosures in connection with transfers of residential property.


History: 1993, Act 92, Eff. Jan. 10, 1994




The People of the State of Michigan enact:

DocumentDescription
Section 565.951Short title.
Section 565.952Applicability of seller disclosure requirements.
Section 565.953Seller disclosure requirements; exceptions.
Section 565.954Written statement; delivery; time limits; compliance; terminating purchase agreement within certain time limits; expiration of right to terminate.
Section 565.955Liability for error, inaccuracy, or omission; delivery as compliance with requirements of act; conditions.
Section 565.956Disclosures; inaccuracy as result of action, occurrence, or agreement after delivery; unknown or unavailable information; basis.
Section 565.957Disclosure; form.
Section 565.958Availability of copies.
Section 565.959Additional disclosures.
Section 565.960Disclosure; good faith.
Section 565.961Other obligations created by law not limited.
Section 565.962Disclosure; amendment.
Section 565.963Disclosure; manner of delivery.
Section 565.964Transfer not invalidated by noncompliance.
Section 565.965Liability of agent.
Section 565.966Effective date.

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