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MI SB0366
Bill
AI Summary
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Requires persons soliciting fees for deed copies to display in at least 24-point type on solicitation documents that the solicitation is not from a public body, no action is legally required, the statutory fee charged by the public body, contact information for the public body, and the solicitor's name and physical address.
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Prohibits solicitation documents from appearing to be issued by a public body or imposing legal duties, and limits fees charged to no more than 4 times the statutory fee charged by the register of deeds.
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Requires persons soliciting deed copies to provide the county register of deeds with a copy of the solicitation document at least 15 days before distribution.
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Exempts title insurance companies, licensed mortgage professionals, and real estate brokers or salespersons from these requirements.
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Authorizes the Attorney General to investigate violations and seek injunctions; establishes civil fines of up to $100 per document for first violations and up to $200 per document for subsequent violations, with collected fines distributed to public libraries.
Legislative Description
Records; public; solicitation of a fee for providing a copy of a deed; regulate. Creates new act.
Trade: fair trade practices
Last Action
Assigned Pa 0079'16 With Immediate Effect
4/13/2016