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Michigan Compiled Laws Complete Through PA 563 of 2016
House: Adjourned until Wednesday, March 29, 2017 1:30:00 PM
Senate: Adjourned until Wednesday, March 29, 2017 10:00:00 AM

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236-1961-31
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REVISED JUDICATURE ACT OF 1961 (EXCERPT)
Act 236 of 1961
Chapter 31
FORECLOSURE OF MORTGAGES AND LAND CONTRACTS

DocumentTypeDescription
Section 600.3101SectionJurisdiction of circuit court to foreclose mortgages of real estate and land contracts; exception.
Section 600.3105SectionMortgage; land contract; foreclosure proceeding; unsatisfied execution on judgment at law; separate proceeding; consolidation.
Section 600.3110SectionForeclosure of interest or installment; payment before judgment.
Section 600.3115SectionForeclosure proceeding; sale, time.
Section 600.3120SectionForeclosure proceeding; judgment of sale; payment of principal, interest, and costs.
Section 600.3125SectionSale of land on foreclosure; authorized persons; public sale; time; place; MCL 600.6091 applicable.
Section 600.3130SectionSale of land on foreclosure; deed.
Section 600.3135SectionProceeds of sale; application; disposition and investment of surplus.
Section 600.3140SectionMortgage foreclosure sale; redemption; amount stated in recorded affidavit; fee; portions of premises.
Section 600.3145SectionRedemption from sale; additional sums for taxes and insurance premiums.
Section 600.3150SectionOriginal judgment in foreclosure cases; determination of personal liability; execution for amount of deficiency; delivery of possession.
Section 600.3155SectionUpset price at sale.
Section 600.3160SectionPersons other than mortgagor or vendee securing debt.
Section 600.3165SectionSale of premises sufficient to satisfy amount due; judgment as security; default; sale of whole premises.
Section 600.3170SectionTrust 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.
Section 600.3175SectionDischarge of mortgage on real property, land contract or tax lien; action; evidence of payment; lapse of 15 years; judgment.
Section 600.3180SectionActions equitable in nature.
Section 600.3185SectionMortgage 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.
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