A bill to amend 1993 PA 92, entitled “Seller disclosure act,” by amending section 7 (MCL 565.957), as amended by 2005 PA 163.
The bill amends the Seller Disclosure Act to update the disclosure form requirements, clarifying seller and agent responsibilities, and advises buyers to seek professional inspections and tax information, with compliance allowed for older forms until 90 days post-amendment.
Co-sponsored by Reps.
Referred to the Committee on Regulatory Reform