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Act 92 of 1993
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SELLER DISCLOSURE ACT

Act 92 of 1993

AN ACT to require certain disclosures in connection with transfers of residential property.


History: 1993, Act 92, Eff. Jan. 10, 1994




The People of the State of Michigan enact:

DocumentTypeDescription
Section 565.951SectionShort title.
Section 565.952SectionApplicability of seller disclosure requirements.
Section 565.953SectionSeller disclosure requirements; exceptions.
Section 565.954SectionWritten statement; delivery; time limits; compliance; terminating purchase agreement within certain time limits; expiration of right to terminate.
Section 565.955SectionLiability for error, inaccuracy, or omission; delivery as compliance with requirements of act; conditions.
Section 565.956SectionDisclosures; inaccuracy as result of action, occurrence, or agreement after delivery; unknown or unavailable information; basis.
Section 565.957SectionDisclosure; form.
Section 565.958SectionAvailability of copies.
Section 565.959SectionAdditional disclosures.
Section 565.960SectionDisclosure; good faith.
Section 565.961SectionOther obligations created by law not limited.
Section 565.962SectionDisclosure; amendment.
Section 565.963SectionDisclosure; manner of delivery.
Section 565.964SectionTransfer not invalidated by noncompliance.
Section 565.965SectionLiability of agent.
Section 565.966SectionEffective date.
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