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MI HB5201

Bill

Official Source

Status

Passed

4/22/2010

Primary Sponsor

Harold Haugh

Click for details

Origin

House of Representatives

95th Legislature

AI Summary

  • Repeals the Land Sales Act of 1972 (PA 286, MCL 565.801 to 565.835)
  • Eliminates regulations governing real estate subdivision lot disposition and registration requirements
  • Removes protections against unfair and deceptive trade practices in land sales
  • Eliminates requirements for bonds, performance assurances, and regulation of advertising and sales contracts
  • Effective immediately upon Governor's approval on April 22, 2010

Legislative Description

Property; land sales; land sales act; repeal. Repeals 1972 PA 286 (MCL 565.801 - 565.835).

State agencies (existing), energy, labor, and economic growth

Last Action

Assigned Pa 49'10 With Immediate Effect

4/22/2010

Committee Referrals

Economic Development & Regulatory Reform11/4/2009
Regulatory Reform7/14/2009

Full Bill Text

No bill text available