Financial institutions: mortgage brokers and lenders; consolidation of certain licensing statutes related to residential mortgages; make conforming changes in RS 1846 ch 65. Amends sec. 25 of 1846 RS 65 (MCL 565.25). TIE BAR WITH: HB 6177'26

Also relevant to:Homeowner

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Plain-English Summary

This bill changes the rules for recording certain property claims, like liens or attachments, in Michigan. It requires that these claims must include a detailed account of supporting facts and proof that the landowner was notified, unless specific exceptions apply. These exceptions include tax liens, authorized filings by state or federal law, consensual agreements, court-ordered encumbrances, and filings by commercial lending institutions.

No official summary on file for this bill · generated by Gemini 2.5 Flash from its full text

Votes

Sponsorship · 2 Sponsors

Democrat0Republican2Independent0Other0

R · PrimeParker Fairbairn
R · CoMark Tisdel

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