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).

Summary

SB 527 changes Michigan law so that the public auction of foreclosed property can be held online. The amendment affects lenders, borrowers and potential buyers by permitting a virtual format for these sales. It is intended to modernize the foreclosure process.

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

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