MCL - Section 565.883

TRANSFER FEE COVENANTS ATTACHING TO NONRESIDENTIAL REAL PROPERTY (EXCERPT)
Act 34 of 2011


565.883 Lien as void.

Sec. 3.

    Any lien purporting to secure the payment of a transfer fee under a transfer fee covenant that is executed on or after the effective date of this section is void.


History: 2011, Act 34, Imd. Eff. May 24, 2011