MI HB5046

Modernizes language in Michigan's foreclosure deed recording requirements, replacing outdated terminology like "forthwith" with "promptly" and clarifying that deeds must be recorded within 20 days of sale

Clarifies that if a foreclosure deed is not recorded within the required 20-day period, the sale remains valid but the redemption period begins on the date the deed is actually recorded rather than the sale date

Reorganizes existing statutory provisions into numbered subsections for clarity, including requirements for separate deeds when property is located in multiple counties

Specifies that the register of deeds must endorse the receipt date on deeds, record them in office books, and index them with regular deeds

Adds explicit provision (new subsection 17) stating that when a purchaser's deed is recorded more than 20 days after sale, all applicable redemption periods begin from the recording date rather than the sale date