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Michigan Certificate That No Foreclosure Proceedings Have Been Commenced - Corporate
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Michigan Certificate That No Foreclosure Proceedings Have Been Commenced - Corporate

Category:Michigan Liens - Construction - Mechanics
State:Michigan
Control #:  MI-17A-09
Type:  
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Description

Michigan statutes set the time within which a party may foreclose on a lien at one year from the filing of the lien. Any corporate party with an interest in the property encumbered by the lien may, after the expiration of that time, file an affidavit with the register of deeds stating that time has expired. The county clerk may then issue a certificate to that effect which may be filed and renders the lien ineffective.
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For More Information Read the Michigan Construction Lien Law Law Summary. Michigan Construction Lien Law Popup Page
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