Mich. Comp. Laws § 600.3201

Current through Public Act 156 of the 2024 Legislative Session
Section 600.3201 - Foreclosure by advertisement of mortgage containing power of sale; exception

Every mortgage of real estate, which contains a power of sale, upon default being made in any condition of such mortgage, may be foreclosed by advertisement, in the cases and in the manner specified in this chapter. However, the procedures set forth in this chapter shall not apply to mortgages of real estate held by the Michigan state housing development authority.

MCL 600.3201

1961, Act 236, Eff. 1/1/1963 ;--Am. 1981, Act 172, Imd. Eff. 12/10/1981.