Section 600.3140 – Mortgage Foreclosure Sale; Redemption; Amount Stated in Recorded Affidavit; Fee; Portions of Premises.
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 […]
Section 600.3145 – Redemption From Sale; Additional Sums for Taxes and Insurance Premiums.
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 […]
Section 600.3150 – Original Judgment in Foreclosure Cases; Determination of Personal Liability; Execution for Amount of Deficiency; Delivery of Possession.
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 […]
Section 600.3155 – Upset Price at Sale.
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, […]
Section 600.3110 – Foreclosure of Interest or Installment; Payment Before Judgment.
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 […]
Section 600.3115 – Foreclosure Proceeding; Sale, Time.
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 […]
Section 600.3101 – Jurisdiction of Circuit Court to Foreclose Mortgages of Real Estate and Land Contracts; Exception.
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 […]
Section 600.3105 – Mortgage; Land Contract; Foreclosure Proceeding; Unsatisfied Execution on Judgment at Law; Separate Proceeding; Consolidation.
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 […]