Mich. Comp. Laws § 445.1622
Enforcement of due-on-sale clause generally.
Michigan · Michigan Compiled Laws — DUE-ON-SALE CLAUSES (Act 351 of 1984) · Status: effective
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- Citation
- Mich. Comp. Laws § 445.1622, Enforcement of due-on-sale clause generally, Michigan, version 1 as recorded 2026-08-18, yourstate.us, https://yourstate.us/provision/1362967
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Full text
Except for a residential window period loan, a lender may enforce a due-on-sale clause in a real property loan in accordance with the terms of the loan contract. A lender shall enforce a due-on-sale clause in a residential window period loan only in accordance with sections 3 to 5.