US Lawyer Database

Section 565.431 – Instrument Affecting Interest in Real Property Executed Pursuant to Express Trust; Copy of Operative Trust Instrument or Certificate of Trust; “Trust Instrument” Defined.

565.431 Instrument affecting interest in real property executed pursuant to express trust; copy of operative trust instrument or certificate of trust; “trust instrument” defined. Sec. 1. An instrument that conveys, encumbers, or otherwise affects real property, executed pursuant to an express trust, may be accompanied by either of the following: (a) A copy of each […]

Section 565.434 – Trust Instrument or Certificate of Trust; Recording.

565.434 Trust instrument or certificate of trust; recording. Sec. 4. A trust instrument or certificate of trust under section 7913 of the estates and protected individuals code, 1998 PA 386, MCL 700.7913, that accompanies an instrument as described in section 1, and any amendments to or revocations of the trust instrument or the certificate of […]

Section 565.435 – Protection Afforded Party Relying on Information in Recorded Certificate of Trust; Further Examination of Trust Instrument.

565.435 Protection afforded party relying on information in recorded certificate of trust; further examination of trust instrument. Sec. 5. A purchaser or other party relying on the information included in a recorded certificate of trust under section 7913 of the estates and protected individuals code, 1998 PA 386, MCL 700.7913, has the same protection as […]

Section 565.360 – Nonmortgaging Vendor or Vendee; Rights or Remedies Affected; Duties; Payments; Conditions; Duties of Third Party.

565.360 Nonmortgaging vendor or vendee; rights or remedies affected; duties; payments; conditions; duties of third party. Sec. 10. (1) A land contract mortgage shall not, absent voluntary subordination as provided by law, encumber or otherwise affect the rights or remedies of the nonmortgaging vendor or the nonmortgaging vendee except as otherwise provided in subsection (2) […]

Section 565.361 – Payment and Performance of Contract Obligations; Conveyance of Land; Discharge of Land Contract Mortgage or Release of Security Assignment; Failure or Refusal to Make Conveyance or Discharge; Penalties; Enforcement; Title as Marketable; Subordination to Other Real Estate Interest.

565.361 Payment and performance of contract obligations; conveyance of land; discharge of land contract mortgage or release of security assignment; failure or refusal to make conveyance or discharge; penalties; enforcement; title as marketable; subordination to other real estate interest. Sec. 11. (1) When the vendee named in a land contract, or his or her heirs, […]

Section 565.371 – Recording Fraudulent Conveyance of Realty; Penalty.

565.371 Recording fraudulent conveyance of realty; penalty. Sec. 1. That whoever procures or places upon record any conveyance of real estate, with intent to deceive any person as to the identity of the grantor mentioned in such conveyance, shall upon conviction be punished by imprisonment in the state prison at hard labor, not to exceed […]

Section 565.381 – Affidavit of Mortgage Renewal; Recording.

565.381 Affidavit of mortgage renewal; recording. Sec. 1. The register of deeds of each county shall provide, at the expense of the county, books of record for the recording of affidavits of renewal of real estate mortgages, and shall record therein such affidavits when presented for that purpose when accompanied by a fee therefor at […]