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Home » US Law » 2022 Michigan Compiled Laws » Chapter 565 - Conveyances of Real Property » Act 236 of 1929 - Recording Waiver of Priority of Mortgage (565.391 - 565.391)

Section 565.391 – Waiver of Mortgage Priority; Recording; Fees.

565.391 Waiver of mortgage priority; recording; fees. Sec. 1. The holder of a mortgage of property located in this state that is the mortgagee named in the mortgage or a person to whom the mortgage has been properly assigned of record may waive the priority of the mortgage in favor of another lien or mortgage […]