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MI HB5969
Bill
Status
10/17/2012
Primary Sponsor
Lisa Brown
Click for details
AI Summary
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Adds section 218a to the Michigan Penal Code criminalizing false representations concerning real property title in recorded documents, including forged documents, groundless claims, material misstatements, invalid signatures, or robosigned documents.
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Establishes felony penalties of 1-5 years imprisonment and/or up to $10,000 fine for a single violation of false title representation.
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Increases felony penalties to 3-20 years imprisonment and/or up to $50,000 fine for a pattern of false title representations in 2 or more transactions within 4 years with aggregate loss exceeding $250.
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Authorizes the Attorney General to pursue civil fines up to $5,000 per violation and allows property owners to recover damages, attorney fees, and costs; robosigning violations subject to treble damages (3 times the amount owed).
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Requires property owners to request a corrective document in writing before filing civil action; violators have 20 days to comply or face liability.
Legislative Description
Property; conveyances; penalties for false representation in recorded document; enact. Amends 1931 PA 328 (MCL 750.1 - 750.568) by adding sec. 218a. TIE BAR WITH: HB 5970'12
Crimes, fraud
Last Action
Printed Bill Filed 10/17/2012
11/8/2012