600.3101 Jurisdiction of circuit court to foreclose mortgages of real estate and land contracts; exception. Sec. 3101. The circuit court has jurisdiction to foreclose mortgages of real estate and land contracts. However, the procedures set forth in this chapter shall not apply to mortgages of real estate and land contracts held by the Michigan state […]
600.3105 Mortgage; land contract; foreclosure proceeding; unsatisfied execution on judgment at law; separate proceeding; consolidation. Sec. 3105. (1) If a judgment has been obtained in any other civil action for the money, or part thereof, demanded in the complaint in an action to foreclose a mortgage on real estate or a land contract, no proceeding […]
600.3110 Foreclosure of interest or installment; payment before judgment. Sec. 3110. Whenever a complaint is filed for the satisfaction or foreclosure of any mortgage on real estate or land contract, upon which there is due any interest or any portion or installment of the principal and there are other portions or installments to become due […]
600.3115 Foreclosure proceeding; sale, time. Sec. 3115. Whenever a complaint is filed for the foreclosure or satisfaction of any mortgage on real estate or land contract, the court has power to order a sale of the premises which are the subject of the mortgage on real estate or land contract, or of that part of […]
600.3120 Foreclosure proceeding; judgment of sale; payment of principal, interest, and costs. Sec. 3120. If, after a judgment of sale is entered against him, the defendant brings into court the principal and interest due with costs, the proceedings in the action shall be stayed; but the court shall enter a judgment of foreclosure and sale […]
600.3125 Sale of land on foreclosure; authorized persons; public sale; time; place; MCL 600.6091 applicable. Sec. 3125. All sales of land on foreclosure of a land contract or mortgage on real estate shall be made by the county clerk of the county in which the judgment was rendered or of the county where the land […]
600.3130 Sale of land on foreclosure; deed. Sec. 3130. (1) The person making the sale shall execute deeds specifying the names of the parties in the action, the date of the land contract or mortgage, when and where it was recorded, a description of the premises sold, and the amount for which each parcel of […]
600.3135 Proceeds of sale; application; disposition and investment of surplus. Sec. 3135. (1) The proceeds of every sale under a judgment shall be applied to the discharge of the debt adjudged by the court to be due and of the costs awarded; and if there is any surplus it shall be brought into court for […]
600.3140 Mortgage foreclosure sale; redemption; amount stated in recorded affidavit; fee; portions of premises. Sec. 3140. (1) The mortgagor, the mortgagor’s heirs or personal representative, or any person that has a recorded interest in the property lawfully claiming from or under the mortgagor or the mortgagor’s heirs or personal representative may redeem the entire premises […]
600.3145 Redemption from sale; additional sums for taxes and insurance premiums. Sec. 3145. The court may make provision in any judgment of foreclosure for the adding to the amount determined in the judgment to be due, any sum or sums paid at any time after the foreclosure and prior to the expiration of the period […]
600.3150 Original judgment in foreclosure cases; determination of personal liability; execution for amount of deficiency; delivery of possession. Sec. 3150. In the original judgment in foreclosure cases the court shall determine and adjudge which defendants, if any, are personally liable on the land contract or for the mortgage debt. The judgment shall provide that upon […]
600.3155 Upset price at sale. Sec. 3155. In any forfeiture, foreclosure, or specific performance case based upon a mortgage on real estate or land contract the court may fix and determine the minimum price at which the real property covered by the mortgage or land contract may be sold at the sale under the forfeiture, […]
600.3160 Persons other than mortgagor or vendee securing debt. Sec. 3160. If the land contract or mortgage debt is secured by the obligation or other evidence of debt of any other person besides the vendee or mortgagor, the plaintiff may make that person a party to the action, and the court may order payment of […]
600.3165 Sale of premises sufficient to satisfy amount due; judgment as security; default; sale of whole premises. Sec. 3165. (1) If the defendant does not bring into court the amount due, with costs, or if for any other cause a judgment is entered for the plaintiff, and if it appears that the premises can be […]
600.3170 Trust mortgage property; authority of trustee to bid in at foreclosure for bondholders, effect of acquisition on rights of parties; management after acquisition; powers and duties of trustee; disposal; report; accounting; construction of section; supplementation by court rule. Sec. 3170. (1) When a complaint is filed in any circuit court for the foreclosure of […]
600.3175 Discharge of mortgage on real property, land contract or tax lien; action; evidence of payment; lapse of 15 years; judgment. Sec. 3175. (1) When a recorded mortgage on real property, land contract, or tax lien (except tax liens held by the state or any political subdivision of the state) on lands or property has […]
600.3180 Actions equitable in nature. Sec. 3180. Actions under this chapter are equitable in nature. History: 1961, Act 236, Eff. Jan. 1, 1963
600.3185 Mortgage foreclosure; defendant as service member or deployed in overseas service; actions by court; mortgage and land contract entered into before effective date of act; definitions. Sec. 3185. (1) If a defendant in an action to foreclose a mortgage on real estate or a land contract is a service member and either the defendant […]
