Sec. 3. Any lien purporting to secure the payment of a transfer fee under a transfer fee covenant that is executed on or after the effective date of this section is void.
Mich. Comp. Laws § 565.883, under TRANSFER FEE COVENANTS ATTACHING TO NONRESIDENTIAL REAL PROPERTY.
Mich. Comp. Laws § 565.883
Sec. 3. Any lien purporting to secure the payment of a transfer fee under a transfer fee covenant that is executed on or after the effective date of this section is void.