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MI SB0527
Bill
AI Summary
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Allows mortgage foreclosure sales under the advertisement method to be conducted online rather than only in-person at the circuit court location
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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
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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)
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Modernizes existing statutory language without changing the 4-week newspaper publication requirement or 15-day physical posting requirement on the property
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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