There is a newer version of the Michigan Compiled Laws
2015 Michigan Compiled Laws
Chapter 570 - Liens
Act 201 of 2010 COMMERCIAL REAL ESTATE BROKER'S LIEN ACT (570.581 - 570.594)
Section 570.593 Priority of subsequently recorded mortgage; condition.
MI Comp L § 570.593 (2015) What's This?
570.593 Priority of subsequently recorded mortgage; condition.
Sec. 13.
A subsequently recorded mortgage has priority over a commercial real estate broker's lien if the mortgagee did not have actual or constructive knowledge of the lien at the time the mortgagee advanced money under the mortgage.
History: 2010, Act 201, Imd. Eff. Oct. 5, 2010
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