In Michigan, the time to redeem foreclosed property is six (6) months from the date of sale unless the property is found to be abandoned pursuant to MCL 600.3241a, in which case the redemption period shall be the later of thirty (30) days from the date of sale or fifteen (15) days from the date the notice required by MCL 600.3241a(b) was posted and mailed. This form of affidavit is a method of proving that the property was not and/or is not abandoned.
Keywords: Oakland Affidavit, Real Property, Abandoned, Michigan Mich. Comp. Laws — 600.3241(d) Detailed description: In the state of Michigan, the Oakland Affidavit is a document used to affirm that a certain real property is not considered abandoned under the guidelines of Michigan Mich. Comp. Laws — 600.3241(d). This affidavit serves as a legal declaration stating that the property is still an active and maintained asset, ensuring its rightful ownership and preventing any potential adverse possession claims. The Oakland Affidavit, as per Michigan law, is a crucial document that property owners or their authorized representatives can utilize to safeguard their property rights. It provides a level of protection against the possibility of someone making a claim of abandonment on a particular real property. There are no specific types of Oakland Affidavits categorized under Michigan Mich. Comp. Laws — 600.3241(d), as the law mainly focuses on the purpose and requirements of the affidavit rather than differentiating between types. However, it is essential to note that different jurisdictions may have specific requirements or variations of the Oakland Affidavit, so it is crucial to comply with the local regulations pertaining to property abandonment. To create a valid Oakland Affidavit, certain details need to be included: 1. Affine Information: The affidavit should clearly state the name, address, and contact information of the affine, who is typically the property owner or a person with legal authority to act on their behalf. 2. Property Description: A precise description of the real property in question should be provided, including its legal address, parcel number, and any other relevant details that uniquely identify the property. 3. Non-Abandonment Declaration: The affine must explicitly assert that the property is not abandoned as defined by Michigan Mich. Comp. Laws — 600.3241(d). It should be stated that the property is actively utilized, maintained, or under the affine's control. 4. Supporting Information: The affidavit should include any documentation or evidence that supports the claim of non-abandonment, such as recent utility bills, property tax payment receipts, or proof of ongoing maintenance activities. 5. Signature and Notarization: The affidavit should be signed and dated by the affine in the presence of a notary public. Notarization ensures the authenticity and validity of the document. It is essential to consult with a legal professional experienced in Michigan real estate law to accurately draft and execute an Oakland Affidavit. This will help ensure compliance with local regulations and protect the property owner's rights.
