Mich. Comp. Laws § 445.881
Short title.
This act shall be known and may be cited as the "owner built residence transfer act".
Michigan Compiled Laws — OWNER BUILT RESIDENCE TRANSFER ACT (Act 6 of 2008)
Michigan · statute · 6 of 2008, Mich. Comp. Laws · 6 active provisions
Provisions
Mich. Comp. Laws § 445.883
Definitions.
As used in this act: (a) "Owner-builder" means an individual who is not a licensed residential builder and who builds, or acts as a general contractor for the construction of, a residential structure in which that individual or a member of that individual's family actually resides, or intends to occupy for his or her o…
Mich. Comp. Laws § 445.885
Owner-builder residing in residential structure; duties upon completion of construction and issuance of occupancy permit; sale or transfer of ownership; limitation.
(1) An owner-builder intending to live in the residential structure at the onset of construction shall do either of the following upon completion of construction and issuance of the occupancy permit regarding a residential structure: (a) Reside in the residential structure. (b) Place the residential structure up for sa…
Mich. Comp. Laws § 445.887
Owner-builder notice; requirements.
(1) An owner-builder who sells the residential structure, within 2 years or less after the date of the issuance of the occupancy permit, shall note in the owner-builder notice the fact that the residential structure was built by the owner. (2) An owner-builder shall supply, at the time of offering the residential struc…
Mich. Comp. Laws § 445.889
Failure to disclose; liability; remedies.
(1) An owner-builder who fails to make the disclosures required under this act is liable for the following for up to 24 months after the completion of construction, first occupancy, or purchase, whichever occurs later: (a) The cost of repair regarding any defects in workmanship. (b) The cost of any repairs needed to br…
Mich. Comp. Laws § 445.891
Effective date.
This act takes effect 180 days after the date it is enacted into law.