There is a newer version of the Michigan Compiled Laws
2006 Michigan Compiled Laws - CHAPTER 31 FORECLOSURE OF MORTGAGES AND LAND CONTRACTS (600.3101...600.3180)
| Act 236 of 1961 FORECLOSURE OF MORTGAGES AND LAND CONTRACTS |
| Document | Description |
| Section 600.3101 | Jurisdiction of circuit court to foreclose mortgages of real estate and land contracts; exception. |
| Section 600.3105 | Mortgage; land contract; foreclosure proceeding; unsatisfied execution on judgment at law; separate proceeding; consolidation. |
| Section 600.3110 | Foreclosure of interest or installment; payment before judgment. |
| Section 600.3115 | Foreclosure proceeding; sale, time. |
| Section 600.3120 | Foreclosure proceeding; judgment of sale; payment of principal, interest, and costs. |
| Section 600.3125 | Sale of land on foreclosure; authorized persons; public sale; time; place; § 600.6091 applicable. |
| Section 600.3130 | Sale of land on foreclosure; deed. |
| Section 600.3135 | Proceeds of sale; application; disposition and investment of surplus. |
| Section 600.3140 | Mortgage foreclosure sale; redemption; amount stated in recorded affidavit; portions of premises. |
| Section 600.3145 | Redemption from sale; additional sums for taxes and insurance premiums. |
| Section 600.3150 | Original judgment in foreclosure cases; determination of personal liability; execution for amount of deficiency; delivery of possession. |
| Section 600.3155 | Upset price at sale. |
| Section 600.3160 | Persons other than mortgagor or vendee securing debt. |
| Section 600.3165 | Sale of premises sufficient to satisfy amount due; judgment as security; default; sale of whole premises. |
| Section 600.3170 | Trust mortgage property; authority of trustee to bid in at foreclosure for bondholders, effect of acquisition on rights of parties; management after acquisition; powers and duties of trustee; disposal; report; accounting; construction of section; supplementation by court rule. |
| Section 600.3175 | Discharge of mortgage on real property, land contract or tax lien; action; evidence of payment; lapse of 15 years; judgment. |
| Section 600.3180 | Actions equitable in nature. |
Disclaimer: These codes may not be the most recent version. Michigan may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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