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MI HB4273
Bill
Status
2/17/2009
Primary Sponsor
Paul Opsommer
Click for details
AI Summary
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Amends the Revised Judicature Act of 1961 to modify the location and timing requirements for foreclosure sales by advertisement.
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Allows foreclosure sales to be held at either the place where the circuit court is held in the county or at the office of the sheriff of the county.
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Establishes that foreclosure sales must be conducted between 9 a.m. and 4 p.m.
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Specifies that sales shall be made to the highest bidder by a person appointed in the mortgage, the sheriff, undersheriff, or deputy sheriff of the county.
Legislative Description
Liens; mortgages; public sale of property being foreclosed by advertisement; allow to be held in sheriff's office. Amends sec. 3216 of 1961 PA 236 (MCL 600.3216).
Civil procedure, foreclosure
Last Action
Printed Bill Filed 02/18/2009
2/18/2009