2010 Michigan Compiled Laws
Chapter 565 - CONVEYANCES OF REAL PROPERTY
Act 216 of 1929 - RECORDING AFFIDAVIT OF RENEWAL OF MORTGAGE (565.381 - 565.384)
Section 565.382 - Affidavit of mortgage renewal; time limitation, effect.

RECORDING AFFIDAVIT OF RENEWAL OF MORTGAGE (EXCERPT)
Act 216 of 1929

565.382 Affidavit of mortgage renewal; time limitation, effect.

Sec. 2.

Every mortgage not renewed by the affidavit of the owner or 1 of the owners thereof, or by the affidavit of the agent or attorney of the owner or owners, showing the amount remaining unpaid on said mortgage, or by extension agreement, filed in the office of the register of deeds of the county in which the lands are situated which are covered by said mortgage, within 30 years after the due date as set forth in said mortgage, or when no due date is set forth in said mortgage, then within 30 years after the recording of said mortgage, shall be considered as discharged.


History: 1929, Act 216, Imd. Eff. May 20, 1929 ;-- CL 1929, 13357 ;-- CL 1948, 565.382 ;-- Am. 1951, Act 8, Eff. Sept. 28, 1951

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.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.