Civil procedure: foreclosure; distribution of proceeds from mortgage foreclosure auctions; modify. Amends sec. 3208 of 1961 PA 236 (MCL 600.3208) & adds secs. 3214 & 3222. TIE BAR WITH: HB 5153'25
REFERRED TO COMMITTEE ON HOUSING AND HUMAN SERVICES
Summary
The bill revises Michigan’s foreclosure notice rules and adds a mandatory waiver notice for anyone who sells a foreclosed property before the redemption period ends. It also requires a cancellation notice if a scheduled foreclosure sale is called off. The changes affect mortgagors, their heirs, and any party with a recorded interest in the property.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Topics
Track this bill
Get an email when HB 5152 moves: committee action, floor votes, amendments and hearings. Free, no card.
Track HB 5152 freeOr ask your AI assistant about HB 5152 directly:
Add to Claude, ChatGPT or Cursor