This is a summary of the new foreclosure law in Michigan, effective July 5, 2009. Notice requirements are covered and housing counselor contact information is provided.
Wayne Summary of Michigan Law and Tenants' Rights in Foreclosure
Category:
State:
Michigan
County:
Wayne
Control #:
MI-FORECL-04
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Word;
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FAQ
If it was signed before the complete title to the property was transferred to the new owner, then the tenant gets to stay in the home until the lease ends. If the lease was signed after that date, then the tenant probably can stay in the home for 90 days from the date the redemption period ends.
AN ACT to regulate relationships between landlords and tenants relative to rental agreements for rental units; to regulate the payment, repayment, use and investment of security deposits; to provide for commencement and termination inventories of rental units; to provide for termination arrangements relative to rental
Six (6) months: The Redemption Period starts day of Sheriff Sale ? Six (6) months is most common. If the amount claimed to be due on the mortgage at the date of foreclosure is less than 2/3 of the original indebtedness, the redemption period is 12 months. Farming property can be up to twelve (12) months.
You have the right to live in a home that is in good, habitable condition. This means both your home and the premises, such as a yard, should be safe and in good repair. Your landlord must also keep any common areas in good enough shape for their normal use.
The right to know the identity of your landlord. The right to live in the property undisturbed. The right to see the property's energy performance certificate (EPC), which, except in very specific circumstances, should be rated a minimum of E. The right to be protected from unfair rent and unfair eviction.
Under Michigan law, there are several types of recoverable damages in cases against apartment owners and managers. These are the same types of damages in all personal injury lawsuits. You can receive compensation for your physical pain and suffering, mental anguish, disability, and loss of enjoyment of life.
One of your important tenant's rights is to a habitable residence. This means that the home must be safe to live in, without dangerous conditions and with usable heat, utilities, and water. Your landlord is required to make any necessary repairs to keep your unit in reasonable condition while you live there.
Notice Requirements for Michigan Landlords A landlord can simply give you a written notice to move, allowing one month notice as required by Michigan law and specifying the date on which your tenancy will end.
Once judgment is passed in favor of the landlord, the tenant must move out within 10 days.
