There is a newer version of the Michigan Compiled Laws
2010 Michigan Compiled Laws
Chapter 600 - REVISED JUDICATURE ACT OF 1961
Act 236 of 1961 - REVISED JUDICATURE ACT OF 1961 (600.101 - 600.9948)
236-1961-32 - CHAPTER 32 FORECLOSURE OF MORTGAGES BY ADVERTISEMENT (600.3201...600.3285)
REVISED JUDICATURE ACT OF 1961 (EXCERPT)Act 236 of 1961 Chapter 32
FORECLOSURE OF MORTGAGES BY ADVERTISEMENT
- Section 600.3201 - Foreclosure by advertisement of mortgage containing power of sale; exception.
- Section 600.3204 - Foreclosure by advertisement; circumstances; installments as separate and independent mortgage; redemption; chain of title; commencement of proceedings prohibited; conditions; applicability of subsection (4).
- Section 600.3205 - Definitions.
- Section 600.3205a - Notice from foreclosing party to borrower; contents; list of housing counselors; service; publication; failure of service; applicability of section and sections 3205b and 3205c.
- Section 600.3205b - Modification of mortgage loan; negotiations; contacting housing counselor; providing documents; scheduling meeting.
- Section 600.3205c - Loan modification.
- Section 600.3205d - Housing counselors; list.
- Section 600.3205e - Repeal of MCL 600.3205a to 600.3205d.
- Section 600.3208 - Notice of foreclosure; publication; posting.
- Section 600.3212 - Notice of foreclosure by advertisement; contents.
- Section 600.3216 - Sale; time and place.
- Section 600.3220 - Sale; adjournment; notice; posting; publication.
- Section 600.3224 - Sale of distinct parcels.
- Section 600.3228 - Sale; purchase by mortgagee or assigns.
- Section 600.3232 - Deed of sale; endorsement; deposit with register; recording; entry upon redemption.
- Section 600.3236 - Deed of sale; effect upon failure to redeem; prior liens.
- Section 600.3240 - Redemption of premises; payment; redemption of senior lien; defenses; recordation; redemption periods; amount stated in recorded affidavit.
- Section 600.3241 - Abandonment of premises; presumption.
- Section 600.3241a - Abandonment of premises; residential property not exceeding 4 units; presumption.
- Section 600.3244 - Redemption; destruction of deed; record.
- Section 600.3248 - Redemption; refusal to certify payment; civil liability.
- Section 600.3252 - Disposition of surplus money.
- Section 600.3256 - Affidavits to perpetuate evidence of sale; endorsement or annexation to one instrument.
- Section 600.3260 - Affidavits to perpetuate evidence of sale; persons to take.
- Section 600.3264 - Affidavits to perpetuate evidence of sale; record; evidence.
- Section 600.3268 - Marginal notes to record of mortgages.
- Section 600.3272 - Repealed. 2004, Act 538, Eff. Mar. 30, 2005.
- Section 600.3276 - Posting of notices; mortgagee's right of entry.
- Section 600.3280 - Foreclosure by advertisement; deficiency; defenses.
- Section 600.3285 - Validity of foreclosure; violation of subsection (2); penalty; filing of action by attorney general; applicability of section to mortgage entered into before effective date of act; definitions.
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