2010 Michigan Compiled Laws
ANNUAL STATEMENTS TO MORTGAGORS
Chapter 565 - CONVEYANCES OF REAL PROPERTY
Act 125 of 1966 - ANNUAL STATEMENTS TO MORTGAGORS (565.161 - 565.164)
Act 125 of 1966
An act to require mortgagees and their agents to furnish annual statements to mortgagors; to require mortgagees, vendors of land contracts, and their agents to make certain adjustments to escrow accounts; and to prescribe certain rights and duties.
History: 1966, Act 125, Eff. Mar. 10, 1967 ;-- Am. 1976, Act 112, Imd. Eff. May 14, 1976 ;-- Am. 1993, Act 285, Imd. Eff. Dec. 28, 1993
- Section 565.161 - Annual statements to mortgagor; when required, contents.
- Section 565.162 - Annual statements to mortgagor; exceptions to furnishing.
- Section 565.163 - Failure of mortgagee or agent to pay property taxes; liability for penalties or fees.
- Section 565.164 - Adjustment to escrow account.
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