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 § 565.893, under TRANSFER FEE COVENANTS ATTACHING TO RESIDENTIAL REAL PROPERTY.
Mich. Comp. Laws § 565.893
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.