November 13, 2008, Introduced by Senators CLARKE and THOMAS and referred to the Committee on Judiciary.
A bill to amend 1961 PA 236, entitled
"Revised judicature act of 1961,"
by amending section 3212 (MCL 600.3212), as amended by 2004 PA 186.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 3212. Every notice of foreclosure by advertisement shall
include all of the following:
(a) The names of the mortgagor, the original mortgagee, and
the foreclosing assignee, if any.
(b) The date of the mortgage and the date the mortgage was
(c) The amount claimed to be due on the mortgage on the date
of the notice.
(d) A description of the mortgaged premises that substantially
conforms with the description contained in the mortgage and the
street address of the mortgaged premises.
(e) For a mortgage executed on or after January 1, 1965, the
length of the redemption period as determined under section 3240.