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Act 34 of 2011
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TRANSFER FEE COVENANTS ATTACHING TO NONRESIDENTIAL REAL PROPERTY

Act 34 of 2011

AN ACT to prohibit certain covenants attaching to nonresidential real property; to prohibit the imposition of certain fees upon transfer of that real property; and to provide for remedies.


History: 2011, Act 34, Imd. Eff. May 24, 2011




The People of the State of Michigan enact:

DocumentTypeDescription
Section 565.881SectionDefinitions.
Section 565.882SectionTransfer fee covenant; effect.
Section 565.883SectionLien as void.
Section 565.884SectionAction to clear title; other equitable relief; attorney fees and costs.
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