Section 570.1128 – Failure to Commence Proceedings to Enforce Lien Within Time Provided by Law; Certificate; Recording; Affidavit Showing Time Statement or Claim of Lien Recorded.
570.1128 Failure to commence proceedings to enforce lien within time provided by law; certificate; recording; affidavit showing time statement or claim of lien recorded. Sec. 128. If any statement or claim of lien has been recorded in the office of a register of deeds, and the time within which proceedings to enforce the lien through […]
Section 570.1201-570.1207 – Repealed. 1010, Act 147, Imd. Eff. Aug. 23, 2010.
570.1201-570.1207 Repealed. 1010, Act 147, Imd. Eff. Aug. 23, 2010. Compiler’s Notes: The repealed sections pertained to the homeowner construction lien recovery fund.
Section 570.1301 – Repealed. 2018, Act 367, Imd. Eff. Dec. 12, 2018.
570.1301 Repealed. 2018, Act 367, Imd. Eff. Dec. 12, 2018. Compiler’s Notes: The repealed section pertained to laws governing rights to construction liens.
Section 570.1302 – Construction of Act.
570.1302 Construction of act. Sec. 302. (1) This act is declared to be a remedial statute, and shall be liberally construed to secure the beneficial results, intents, and purposes of this act. Substantial compliance with the provisions of this act shall be sufficient for the validity of the construction liens provided for in this act, […]
Section 570.1303, 570.1304 – Repealed. 2010, Act 147, Imd. Eff. Aug. 23, 2010.
570.1303, 570.1304 Repealed. 2010, Act 147, Imd. Eff. Aug. 23, 2010. Compiler’s Notes: The repealed sections pertained to the repeal of certain acts and creation of a joint review committee in the legislative council.
Section 570.1305 – Effective Date of Act; Effective Date of MCL 570.1303.
570.1305 Effective date of act; effective date of MCL 570.1303. Sec. 305. (1) Except as provided in subsection (2), this act shall take effect January 1, 1982. (2) Section 303 takes effect March 1, 1982. History: 1980, Act 497, Eff. Jan. 1, 1982 ;– Am. 1981, Act 191, Eff. Jan. 1, 1982
Section 570.1121 – Judgment of Foreclosure; Sale of Real Property or Improvement; Satisfaction of Lien From Rents, Profits, and Income; Adding Tax and Insurance Premium Payments; Affidavit; Redemption Period; Conduct of Sale; Right, Title, and Interest Vested in Grantee; Final Order; Deficiency Judgment; Surplus; Bringing Sale Proceeds Into Court; Redemption.
570.1121 Judgment of foreclosure; sale of real property or improvement; satisfaction of lien from rents, profits, and income; adding tax and insurance premium payments; affidavit; redemption period; conduct of sale; right, title, and interest vested in grantee; final order; deficiency judgment; surplus; bringing sale proceeds into court; redemption. Sec. 121. (1) If the court finds […]
Section 570.1122 – Appointing Receiver in Action to Enforce Construction Lien Through Foreclosure or in Action to Foreclose Mortgage; Petition; Motion; Finding; Appointment; Nominations by Mortgagee and Lien Claimant; Fiduciary Responsibility; Appointment of Receiver for Residential Structure or Certain Apartment Buildings Prohibited; Power of Receiver.
570.1122 Appointing receiver in action to enforce construction lien through foreclosure or in action to foreclose mortgage; petition; motion; finding; appointment; nominations by mortgagee and lien claimant; fiduciary responsibility; appointment of receiver for residential structure or certain apartment buildings prohibited; power of receiver. Sec. 122. (1) If the improvement to the real property is not […]
Section 570.1123 – Petition by Receiver for Authority to Complete Construction of Improvements, Borrow Money, Grant Security, or Sell Real Property Under Foreclosure; Sale; Redemption Period; Purchase of Real Property by Lien Claimant or Mortgagee; Right, Title, and Interest Vested in Grantee.
570.1123 Petition by receiver for authority to complete construction of improvements, borrow money, grant security, or sell real property under foreclosure; sale; redemption period; purchase of real property by lien claimant or mortgagee; right, title, and interest vested in grantee. Sec. 123. (1) The receiver may petition the court for authority to complete construction of […]
Section 570.1124 – Final Account of Receiver; Final Order Directing Distribution of Assets; Order of Priority; Deficiency Judgment; Notice of Hearing.
570.1124 Final account of receiver; final order directing distribution of assets; order of priority; deficiency judgment; notice of hearing. Sec. 124. (1) Upon the completion of the sale of the real property, the receiver shall prepare and submit a final account for examination and approval by the court. The court shall enter a final order […]