NATURAL RESOURCES AND ENVIRONMENTAL PROTECTION ACT (EXCERPT)
Act 451 of 1994
324.51115 Transfer of title; effect; withdrawal; document; notification.
(1) The transfer of title of forestland subject to this part shall not affect that forestland's status as a commercial forest if the forestland continues to meet all of the eligibility requirements under this part. If the purchaser desires to withdraw his or her forestland from this part, the purchaser shall withdraw that forestland pursuant to section 51108. If the forestland's eligibility to be a commercial forest is affected by the transfer of title, the department shall determine which forestlands may remain under this part and which forestlands must be withdrawn or declassified.
(2) A document that transfers any interest in commercial forestlands shall state on the face of the document that “this property is subject to part 511, the commercial forest part of the natural resources and environmental protection act”. Failure to comply with this subsection does not affect the status of the land as commercial forestland.
(3) Not later than 30 days after the transfer of title or the transfer of any interest in land contract concerning the commercial forestland, the owner shall notify the department in writing of the transfer or ownership change.
History: Add. 1995, Act 57, Imd. Eff. May 24, 1995
Popular Name: Act 451
Popular Name: NREPA
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