MCL - Act 127 of 1999
AN ACT to create an urban homestead program; to permit certain local governmental units or nonprofit community organizations to create and administer urban homestead programs; to prescribe the powers and duties of certain state entities and local governmental units; and to provide for the disposition of personal and real property.
History: 1999, Act 127, Imd. Eff. July 23, 1999
Popular Name: Homesteading
| Document | Type | Description |
|---|---|---|
| Section 125.2701 | Section | Short title. |
| Section 125.2702 | Section | Definitions. |
| Section 125.2703 | Section | Urban homestead program; availability of property to qualified buyers; resolution; designation of administrator by local government; appeals process to applicants and buyers. |
| Section 125.2704 | Section | Eligibility of applicant to rent and purchase property; criteria; substance abuse testing; verification of school attendance. |
| Section 125.2705 | Section | Application to rent property; lease agreement; provisions; conditions for deeding property. |
| Section 125.2706 | Section | Disposition of rent receipts. |
| Section 125.2707 | Section | Additional powers. |
| Section 125.2708 | Section | Audit. |
| Section 125.2709 | Section | Late or delinquent rent. |