reglab/housing_qa huggingface dataset:
MI Comp L § 125.1448i (2021)
2021 Michigan Compiled Laws|Chapter 125 - Planning, Housing, and Zoning|Act 346 of 1966 - State Housing Development Authority Act of 1966 (125.1401 - 125.1499c)|346-1966-2 - Chapter 2 (125.1421...125.1449v)|Section 125.1448i - Redemption of Premises; Effect on Deed of Sale; Affidavit.

125.1448i Redemption of premises; effect on deed of sale; affidavit.Sec. 48i.  (1) The mortgagor, the mortgagor's heirs, executors, administrators, or any person lawfully claiming under the mortgagor or the mortgagor's heirs, executors, or administrators may redeem the entire premises sold by paying, within 6 months from the date of the sale, to the purchaser or the purchaser's executors, administrators, or assigns, or to the register of deeds in whose office the deed of sale is deposited as provided in the court rules, for the benefit of the purchaser, the sum which was bid with interest from the date of the sale at the interest rate provided for by the mortgage.  (2) The vendee of a land contract, the vendee's heirs, executors, administrators, or any person lawfully claiming under the vendee of a land contract or the vendee's heirs, executors, or administrators of a land contract may redeem the entire premises sold within 6 months from the date of the sale by paying to the purchaser or the purchaser's executors, administrators, or assigns, or to the register of deeds in whose office the deed of sale is deposited as provided in the court rules, for the benefit of the purchaser, the sum which was bid with interest from the date of the sale at the interest rate provided for by the land contract. In case the sum is paid to the register of deeds, the sum of $5.00 shall be paid to the register of deeds as a fee for the care and custody of the redemption money.   (3) Upon the payment of sums required under this section, the deed of sale is void. If a distinct lot or parcel separately sold is redeemed, leaving a portion of the premises unredeemed, then the deed of sale is void only as to the portion or portions of the premises which are redeemed. The register of deeds shall not determine the amount necessary for redemption. The purchaser shall attach an affidavit with the deed to be recorded that states the exact amount required to redeem the property, including any daily per diem amounts, and the date by which the property must be redeemed shall be stated in the certificate of sale. The purchaser may include in the affidavit the name of a designee responsible on behalf of the purchaser to assist the person redeeming the property in computing the exact amount required to redeem the property. The designee may charge a fee as stated in the affidavit and may be authorized by the purchaser to receive redemption funds. The purchaser shall accept the amount computed by the designee.   (4) The amount stated in any affidavits recorded under this section shall be the amount necessary to satisfy the requirements for redemption under this section. History: Add. 1981, Act 173, Imd. Eff. Dec. 10, 1981 ;-- Am. 2004, Act 540, Eff. Mar. 30, 2005
MI Comp L § 125.1448j (2021)
2021 Michigan Compiled Laws|Chapter 125 - Planning, Housing, and Zoning|Act 346 of 1966 - State Housing Development Authority Act of 1966 (125.1401 - 125.1499c)|346-1966-2 - Chapter 2 (125.1421...125.1449v)|Section 125.1448j - Adding Property Tax and Insurance Premium Payments Made After Foreclosure to Amount Due in Judgment; Determination of Additional Liability; Affidavits; Receipt; Redemption.

125.1448j Adding property tax and insurance premium payments made after foreclosure to amount due in judgment; determination of additional liability; affidavits; receipt; redemption. Sec. 48j.  The court may make provision in any judgment of foreclosure for the adding to the amount determined in the judgment to be due, any sum or sums paid at any time after the foreclosure and prior to the expiration of the period of redemption, as taxes assessed against the property or the portion of the premium of any insurance policy covering any buildings located on the premises as is required to keep the policy in force until the expiration of the period of redemption or both the taxes assessed the property and the portion of the premium of any insurance policy covering any buildings located on the premises as is required to keep the policy in force until the expiration of the period of redemption, if under the terms of the mortgage it would have been the duty of the defendants determined to be personally liable to have paid the taxes or insurance premium had the mortgage not been foreclosed. In case of any such payment which is made prior to the entry of the order confirming the report of sale by the person making the sale, determination of the additional liability shall be made in the order. In case of any such payment made after the entry of the order, proof of the payment may be made by filing with the register of deeds with whom the deed of sale is deposited, an affidavit of payment by the purchaser or someone in his or her behalf having knowledge of the facts together with a receipt evidencing the payment of the taxes, or, in case of insurance premiums, an affidavit of an agent of the insurance company stating the making of the payment and also what portion of the payment covers the premium for the period prior to the expiration of the period of redemption. Redemption shall not be effected after the determination, or filing of affidavit and receipt, or affidavits, as the case may be, except upon payment of the additional sum or sums. In case the property is not redeemed, the taxes or premiums paid after the confirmation of sale shall not be added to or included in the deficiency judgment. History: Add. 1981, Act 173, Imd. Eff. Dec. 10, 1981
MI Comp L § 125.1448k (2021)
2021 Michigan Compiled Laws|Chapter 125 - Planning, Housing, and Zoning|Act 346 of 1966 - State Housing Development Authority Act of 1966 (125.1401 - 125.1499c)|346-1966-2 - Chapter 2 (125.1421...125.1449v)|Section 125.1448k - Personal Liability on Land Contract or for Mortgage Debt; Original Judgment; Deficiency; Delivery of Premises to Purchaser; Order.

125.1448k Personal liability on land contract or for mortgage debt; original judgment; deficiency; delivery of premises to purchaser; order. Sec. 48k.  In the original judgment in foreclosure cases the court shall determine and adjudge which defendants, if any, are personally liable on the land contract or for the mortgage debt. The judgment shall provide that upon the confirmation of the report of sale that if either the principal, interest, or costs ordered to be paid, is left unpaid after applying the amount received upon the sale of the premises, the clerk of the court shall issue execution for the amount of the deficiency, upon the application of the attorney for the authority without notice to the defendant or his or her attorney. The court may order and compel the delivery of the possession of the premises to the purchaser at the sale. History: Add. 1981, Act 173, Imd. Eff. Dec. 10, 1981
MI Comp L § 125.1448l (2021)
2021 Michigan Compiled Laws|Chapter 125 - Planning, Housing, and Zoning|Act 346 of 1966 - State Housing Development Authority Act of 1966 (125.1401 - 125.1499c)|346-1966-2 - Chapter 2 (125.1421...125.1449v)|Section 125.1448l - Forfeiture, Foreclosure, or Specific Performance Proceedings; Minimum Price.

125.1448l Forfeiture, foreclosure, or specific performance proceedings; minimum price. Sec. 48l.  In any forfeiture, foreclosure, or specific performance case based upon a mortgage on real estate or land contract held by the authority, the court may fix and determine the minimum price at which the real property covered by the mortgage or land contract may be sold at the sale under the forfeiture, foreclosure, or specific performance proceedings. History: Add. 1981, Act 173, Imd. Eff. Dec. 10, 1981
MI Comp L § 125.1448m (2021)
2021 Michigan Compiled Laws|Chapter 125 - Planning, Housing, and Zoning|Act 346 of 1966 - State Housing Development Authority Act of 1966 (125.1401 - 125.1499c)|346-1966-2 - Chapter 2 (125.1421...125.1449v)|Section 125.1448m - Land Contract or Mortgage Debt Secured by Evidence of Debt of Person Other Than Vendee or Mortgagor; Party; Court Order.

125.1448m Land contract or mortgage debt secured by evidence of debt of person other than vendee or mortgagor; party; court order. Sec. 48m.  If the land contract or mortgage debt is secured by the obligation or other evidence of debt of any other person besides the vendee or mortgagor, the authority may make that person a party to the action, and the court may order payment of the balance of the debt remaining unsatisfied, after a sale of the mortgaged premises, against this other person as well as against the vendee or mortgagor, and may enforce this judgment as in other cases. History: Add. 1981, Act 173, Imd. Eff. Dec. 10, 1981
MI Comp L § 125.1448n (2021)
2021 Michigan Compiled Laws|Chapter 125 - Planning, Housing, and Zoning|Act 346 of 1966 - State Housing Development Authority Act of 1966 (125.1401 - 125.1499c)|346-1966-2 - Chapter 2 (125.1421...125.1449v)|Section 125.1448n - Sale of Premises; Default Subsequent to Judgment.

125.1448n Sale of premises; default subsequent to judgment. Sec. 48n.  (1) If the defendant does not bring into the court the amount due, with costs, or if for any other cause a judgment is entered for the authority, and if it appears that the premises can be sold, in parcels, without injury to the interests of the parties, the judgment shall direct as much of the premises subject to the mortgage or land contract held by the authority to be sold as is sufficient to pay the amount then due on the mortgage or land contract, with costs, and the judgment shall remain as security for any subsequent default.  (2) If there is any default subsequent to the judgment, in the payment of any portion or installment of the principal or of any interest due upon the mortgage or land contract held by the authority, the court may, upon the petition of the authority, by a further order founded upon the first judgment, direct a sale to be made of as much of the premises subject to the mortgage or land contract as is sufficient to satisfy the amount due, with costs of the petition and subsequent proceedings on it, and the same proceedings may be had as often as a default happens.  (3) If it appears to the court that the premises subject to the mortgage or land contract held by the authority are so situated that a sale of the whole premises will be most beneficial to the parties, the judgment shall be entered for the sale of the whole premises in the first instance. In this case the proceeds of the sale shall be applied to the interest and each portion or installment of the principal due as well as towards the whole or residue of the sum secured by the mortgage or land contract and not due and payable at the time of the sale. If the residue does not bear interest, the court may direct that the residue be paid with a rebate of the legal interest for the time during which the residue will not be due and payable; or the court may direct that the balance of the proceeds of the sale, after paying the sum due with costs, be put out at interest for the benefit of the authority, to be paid to the authority as the installments or portions of the principal, or the interest become due, and the surplus for the benefit of the defendant or his or her representatives or assigns, to be paid to the defendant or his or her representatives on the order of the court. History: Add. 1981, Act 173, Imd. Eff. Dec. 10, 1981
MI Comp L § 125.1448o (2021)
2021 Michigan Compiled Laws|Chapter 125 - Planning, Housing, and Zoning|Act 346 of 1966 - State Housing Development Authority Act of 1966 (125.1401 - 125.1499c)|346-1966-2 - Chapter 2 (125.1421...125.1449v)|Section 125.1448o - Action to Discharge Mortgage or Land Contract; Judgment Entered by Court; Contents; Minutes; Delivery of Judgment to Authority; Recordation of Judgment.

125.1448o Action to discharge mortgage or land contract; judgment entered by court; contents; minutes; delivery of judgment to authority; recordation of judgment. Sec. 48o.  (1) When a recorded mortgage on real property or land contract held by the authority has been paid or satisfied or when 15 years have elapsed since the debt secured by the mortgage or land contract became due and payable or since the last payment made upon it, and no civil action or proceedings have been commenced to collect the same, the owner of the land or property may institute an action in the circuit court to discharge the mortgage or land contract.  (2) If it appears to the court at the trial, either by the production in evidence of the original mortgage, land contract, or note to secure the payment of which the mortgage was given, or by any other competent evidence, that the debt secured by the mortgage or land contract has been fully paid both in principal and interest; or if it appears to the court by competent evidence that the debt has been past due for 15 years, or that 15 years have elapsed since the last payment was made on the debt and that no action or proceeding has been commenced to foreclose or perfect the mortgage or land contract, the court shall enter judgment to that effect which contains within it the names of the witnesses and the nature of the evidence by which the facts have been made to appear. A minute of this shall be entered in the court's journal. A copy of the judgment, signed by the judge or the court and attested by the clerk of the court under the seal of the court shall be delivered to the authority and may be recorded in the office of the register of deeds of the county or counties in which the mortgage or land contract is recorded in the same manner and with the same effects in all respects as if it were a formal discharge of the mortgage or land contract duly executed by the authority. History: Add. 1981, Act 173, Imd. Eff. Dec. 10, 1981
MI Comp L § 125.1448p (2021)
2021 Michigan Compiled Laws|Chapter 125 - Planning, Housing, and Zoning|Act 346 of 1966 - State Housing Development Authority Act of 1966 (125.1401 - 125.1499c)|346-1966-2 - Chapter 2 (125.1421...125.1449v)|Section 125.1448p - Equitable Actions.

125.1448p Equitable actions. Sec. 48p.  Actions under sections 48a to 48o are equitable in nature. History: Add. 1981, Act 173, Imd. Eff. Dec. 10, 1981
MI Comp L § 125.1449 (2021)
2021 Michigan Compiled Laws|Chapter 125 - Planning, Housing, and Zoning|Act 346 of 1966 - State Housing Development Authority Act of 1966 (125.1401 - 125.1499c)|346-1966-2 - Chapter 2 (125.1421...125.1449v)|Section 125.1449 - Foreclosure by Advertisement.

125.1449 Foreclosure by advertisement.  Sec. 49.  Every mortgage of real estate held by the authority which contains a power of sale, upon default being made in any condition of such mortgage, may be foreclosed by advertisement, in the cases and in the manner specified in sections 49a to 49v, including the giving of a notice as described in sections 49b and 49c. History: Add. 1981, Act 173, Imd. Eff. Dec. 10, 1981 ;-- Am. 1993, Act 221, Imd. Eff. Oct. 29, 1993
MI Comp L § 125.1449a (2021)
2021 Michigan Compiled Laws|Chapter 125 - Planning, Housing, and Zoning|Act 346 of 1966 - State Housing Development Authority Act of 1966 (125.1401 - 125.1499c)|346-1966-2 - Chapter 2 (125.1421...125.1449v)|Section 125.1449a - Right of Authority to Give Notice and Make Foreclosure; Conditions; Mortgage Securing Payment of Money by Installments; Installment as Separate and Independent Mortgage; Foreclosure and Redemption.

125.1449a Right of authority to give notice and make foreclosure; conditions; mortgage securing payment of money by installments; installment as separate and independent mortgage; foreclosure and redemption.  Sec. 49a.  (1) To entitle the authority to give a notice as prescribed in sections 49b and 49c, and to make such foreclosure, all of the following are required:  (a) That some default in a condition of such mortgage shall have occurred, by which the power to sell became operative.  (b) That no suit or proceeding shall have been instituted, at law, to recover the debt then remaining secured by such mortgage, or any part thereof; or if any suit or proceeding has been instituted, that the suit or proceeding has been discontinued, or that an execution upon the judgment rendered therein has been returned unsatisfied, in whole or in part.  (c) That the mortgage containing such power of sale has been duly recorded; and if it shall have been assigned, that all the assignments thereof have been recorded.  (2) In cases of mortgages given to secure the payment of money by installments, each of the installments mentioned in such mortgage after the first, shall be taken and deemed to be, a separate and independent mortgage, and such mortgage for each of such installments may be foreclosed in the same manner and with the identical effect as if such separate mortgages were given for each of such subsequent installments and a redemption of any such sale by the mortgagor shall have the identical effect as if the sale for such installments had been made upon an independent prior mortgage. History: Add. 1981, Act 173, Imd. Eff. Dec. 10, 1981
MI Comp L § 125.1449b (2021)
2021 Michigan Compiled Laws|Chapter 125 - Planning, Housing, and Zoning|Act 346 of 1966 - State Housing Development Authority Act of 1966 (125.1401 - 125.1499c)|346-1966-2 - Chapter 2 (125.1421...125.1449v)|Section 125.1449b - Notice of Sale; Publication; Posting Copy of Notice Upon Premises.

125.1449b Notice of sale; publication; posting copy of notice upon premises. Sec. 49b.  Notice that the mortgage held by the authority will be foreclosed by a sale of the mortgaged premises, or some part of them, shall be given by publishing the same for 4 successive weeks at least once in each week, in a newspaper published in the county where the premises included in the mortgage and intended to be sold, or some part of them, are situated. If no newspaper is published in the county, the notice shall be published in a newspaper published in an adjacent county. In every case within 15 days after the first publication of the notice, a true copy shall be posted in a conspicuous place upon any part of the premises described in the notice. History: Add. 1981, Act 173, Imd. Eff. Dec. 10, 1981
MI Comp L § 125.1449c (2021)
2021 Michigan Compiled Laws|Chapter 125 - Planning, Housing, and Zoning|Act 346 of 1966 - State Housing Development Authority Act of 1966 (125.1401 - 125.1499c)|346-1966-2 - Chapter 2 (125.1421...125.1449v)|Section 125.1449c - Notice of Sale; Contents.

125.1449c Notice of sale; contents. Sec. 49c.  Every notice required under section 49 shall specify all of the following:   (a) The names of the mortgagor and of the mortgagee, and the assignee of the mortgage, if any.  (b) The date of the mortgage, and when recorded.  (c) The amount claimed to be due on the mortgage at the date of the notice.  (d) A description of the mortgaged premises, conforming substantially with that contained in the mortgage.  (e) The length of the redemption period as determined under section 49j. History: Add. 1981, Act 173, Imd. Eff. Dec. 10, 1981
MI Comp L § 125.1449d (2021)
2021 Michigan Compiled Laws|Chapter 125 - Planning, Housing, and Zoning|Act 346 of 1966 - State Housing Development Authority Act of 1966 (125.1401 - 125.1499c)|346-1966-2 - Chapter 2 (125.1421...125.1449v)|Section 125.1449d - Sale of Premises at Public Sale; Hours; Location; Appointed Person; Highest Bidder.

125.1449d Sale of premises at public sale; hours; location; appointed person; highest bidder. Sec. 49d.  The sale shall be at public sale, between the hours of 9 a.m. and 4 p.m., at the place of holding the circuit court for the county in which the premises to be sold, or some part of them, are situated, and shall be made by the person appointed for that purpose in the mortgage, or by the sheriff, undersheriff, or a deputy sheriff of the county, to the highest bidder. History: Add. 1981, Act 173, Imd. Eff. Dec. 10, 1981
MI Comp L § 125.1449e (2021)
2021 Michigan Compiled Laws|Chapter 125 - Planning, Housing, and Zoning|Act 346 of 1966 - State Housing Development Authority Act of 1966 (125.1401 - 125.1499c)|346-1966-2 - Chapter 2 (125.1421...125.1449v)|Section 125.1449e - Adjournment of Sale; Request; Notice; Oral Announcement Unnecessary.

125.1449e Adjournment of sale; request; notice; oral announcement unnecessary. Sec. 49e.  The sale may be adjourned from time to time, by the sheriff or other officer or person appointed to make such sale at the request of the party in whose name the notice of sale is published by posting a notice of such adjournment before or at the time of and at the place where the sale is to be made, and if any adjournment be for more than 1 week, at 1 time, the notice of the adjournment, appended to the original notice of sale, shall also be published in the newspaper in which the original notice was published, the first publication to be within 10 days of the date from which the sale was adjourned and thereafter once in each full calendar week during the time for which such sale shall be adjourned. No oral announcement of any adjournment shall be necessary. History: Add. 1981, Act 173, Imd. Eff. Dec. 10, 1981
MI Comp L § 125.1449f (2021)
2021 Michigan Compiled Laws|Chapter 125 - Planning, Housing, and Zoning|Act 346 of 1966 - State Housing Development Authority Act of 1966 (125.1401 - 125.1499c)|346-1966-2 - Chapter 2 (125.1421...125.1449v)|Section 125.1449f - Sale of Distinct Farms, Tracts, or Lots Separately or Together.

125.1449f Sale of distinct farms, tracts, or lots separately or together. Sec. 49f.  If the mortgaged premises consist of distinct farms, tracts, or lots not occupied as 1 parcel, they shall be sold separately, and no more farms, tracts, or lots shall be sold than shall be necessary to satisfy the amount due on such mortgage at the date of the notice of sale, with interest and the cost and expenses allowed by law but if distinct lots be occupied as 1 parcel, they may in such case be sold together. History: Add. 1981, Act 173, Imd. Eff. Dec. 10, 1981
MI Comp L § 125.1449g (2021)
2021 Michigan Compiled Laws|Chapter 125 - Planning, Housing, and Zoning|Act 346 of 1966 - State Housing Development Authority Act of 1966 (125.1401 - 125.1499c)|346-1966-2 - Chapter 2 (125.1421...125.1449v)|Section 125.1449g - Purchase of Premises by Authority or Its Successor or Assign Permitted.

125.1449g Purchase of premises by authority or its successor or assign permitted. Sec. 49g.  The authority or its successor or assign, may fairly and in good faith, purchase the premises so advertised, or any part thereof, at such sale. History: Add. 1981, Act 173, Imd. Eff. Dec. 10, 1981