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MI SB0915
Bill
AI Summary
SB 915 Summary
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Grants circuit court jurisdiction to foreclose mortgages and land contracts held by the Michigan State Housing Development Authority (MSHDA).
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Prohibits courts from entering foreclosure judgments or advancing foreclosure actions if prohibited under the emergency rental relief act.
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Prohibits MSHDA from proceeding with foreclosure by advertisement or instructing others to do so if prohibited by the emergency rental relief act.
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Allows persons aggrieved by violations of foreclosure prohibitions to sue for injunctive relief and recover costs, expenses, and attorney fees.
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Takes effect only if Senate Bill 912 of the 100th Legislature is enacted into law.
Legislative Description
Property; mortgages; moratoria for foreclosures by MSHDA; provide during certain states of emergency. Amends secs. 48a & 49 of 1966 PA 346 (MCL 125.1448a & 125.1449). TIE BAR WITH: SB 0912'20
Property: other
Last Action
Referred To Committee On Finance
5/12/2020