MCL - Act 125 of 1966


ANNUAL STATEMENTS TO MORTGAGORS

Act 125 of 1966

An act to require mortgagees and their agents to furnish annual statements to mortgagors; to require mortgagees, vendors of land contracts, and their agents to make certain adjustments to escrow accounts; and to prescribe certain rights and duties.


History: 1966, Act 125, Eff. Mar. 10, 1967 ;-- Am. 1976, Act 112, Imd. Eff. May 14, 1976 ;-- Am. 1993, Act 285, Imd. Eff. Dec. 28, 1993




The People of the State of Michigan enact:
Document Type Description
Section 565.161 Section Annual statements to mortgagor; when required, contents.
Section 565.162 Section Annual statements to mortgagor; exceptions to furnishing.
Section 565.163 Section Failure of mortgagee or agent to pay property taxes; liability for penalties or fees.
Section 565.164 Section Adjustment to escrow account.