Loading chat...

MI SB0527

Bill

Status

Introduced

9/4/2025

Primary Sponsor

Ed McBroom

Click for details

Origin

Senate

103rd Legislature

AI Summary

  • Allows mortgage foreclosure sales under the advertisement method to be conducted online rather than only in-person at the circuit court location

  • Requires online sales to be posted on the county website where the property is located, plus any additional notice methods deemed necessary to ensure public awareness

  • Updates required foreclosure notice language to specify whether the public auction will be held in-person (with payment by cash, cashier's check, or wire transfer) or online (with a website address for auction details)

  • Modernizes existing statutory language without changing the 4-week newspaper publication requirement or 15-day physical posting requirement on the property

  • Takes effect only if Senate Bill No. 528 of the 103rd Legislature is also enacted into law

Legislative Description

Civil procedure: foreclosure; public sale of property being foreclosed by advertisement; allow to be held virtually. Amends secs. 3208 & 3212 of 1961 PA 236 (MCL 600.3208 & 600.3212). TIE BAR WITH: SB 528'25

Civil procedure: foreclosure

Last Action

Referred To Committee On Local Government

9/4/2025

Committee Referrals

Local Government9/4/2025

Full Bill Text

No bill text available