Property: conveyance of state property; assessment of certain properties before sale; require. Amends sec. 2512e of 1980 PA 299 (MCL 339.2512e).

Summary

The bill revises Michigan’s real‑estate advertising rules so every ad for buying, selling, exchanging, renting, leasing, or mortgaging property must list the broker’s name, contact information, and a statement that the advertiser is a licensed broker. It also requires ads that sell or mortgage property to show the estimated annual property tax based on the latest equalized value. These changes aim to give consumers clearer information about who is handling a transaction and the tax costs involved.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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