Mich. Comp. Laws § 445.1626a
Consent to sale or transfer of real property subject to residential window period loan containing due-on-sale clause.
Michigan · Michigan Compiled Laws — DUE-ON-SALE CLAUSES (Act 351 of 1984) · Status: effective
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- Citation
- Mich. Comp. Laws § 445.1626a, Consent to sale or transfer of real property subject to residential window period loan containing due-on-sale clause, Michigan, version 1 as recorded 2026-08-18, yourstate.us, https://yourstate.us/provision/1362972
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Full text
Nothing in this act shall be construed to prohibit a lender, either before or after making a determination of the creditworthiness of a proposed buyer or transferee, from consenting in writing to a sale or transfer of real property that is subject to a residential window period loan containing a due-on-sale clause.