MCL - Act 34 of 2011


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:
Document Type Description
Section 565.881 Section Definitions.
Section 565.882 Section Transfer fee covenant; effect.
Section 565.883 Section Lien as void.
Section 565.884 Section Action to clear title; other equitable relief; attorney fees and costs.