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MI HB6332
Bill
Status
11/12/2020
Primary Sponsor
Brandt Iden
Click for details
AI Summary
HB 6332 Summary
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Amends Michigan's Marketable Record Title Act to clarify and expand definitions, including adding new definitions for "claimant," "mineral interest," "person," "property owners' association," and "subdivision restrictions."
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Changes terminology from "filing" to "recording" throughout the act and modifies notice of claim requirements, including requirements for claimant information, property description, and notarial acknowledgment.
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Expands exceptions to marketable title to include conservation easements, remainderman rights, subdivision restrictions, and condominium master deeds that cannot be extinguished by the 20-year (mineral interests) or 40-year (other interests) periods.
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Adds Section 5a to clarify that references to interests in deeds or mortgages made solely to limit warranties do not create or preserve interests under the act, and that general language like "subject to easements and restrictions of record" without specific liber and page references is ineffective.
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Modifies penalties for slanderous title claims to allow courts to award costs, attorney fees, and damages to plaintiffs in quiet title actions where defendants file claims solely to slander title.
Legislative Description
Property: recording; marketable record title act; revise. Amends title & secs. 1, 1a, 2, 3, 4, 5 & 8 of 1945 PA 200 (MCL 565.101 et seq.) & adds sec. 5a.
Property: recording
Last Action
Bill Electronically Reproduced 11/18/2020
11/18/2020