Local government: other; process to vacate certain deed restrictions; provide for. Creates new act.
REFERRED TO COMMITTEE OF THE WHOLE
Summary
The bill lets a city, village, or township governing body file a court action to remove private covenants from commercial real estate that is zoned for retail, has been vacant for at least two years, and is classified as blighted. After holding a public hearing, the local government and the property owner become parties to the case, and a county may also intervene. The goal is to clear legal obstacles that prevent redevelopment of such properties.
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