A bill to amend 1961 PA 236, entitled “Revised judicature act of 1961,” by amending sections 3232 and 3240 (MCL 600.3232 and 600.3240), section 3240 as amended by 2019 PA 130.
The bill revises procedures for executing, recording, and redeeming deeds in foreclosure sales, specifying timelines, redemption conditions, and fees, while adjusting redemption periods based on recording delays.
Co-sponsored by Reps.
Referred to the Committee on Judiciary