™Your Policy Risk Impact Agent
39 chapters · 123 sections in this title.
Mich. Comp. Laws § 322.1 Real estate acquired by state; sale or lease; authorization.
0.3K chars
Sec. 1. Whenever the title to any real estate has vested in this state by grant, devise or gift, or in payment for care or medical treatment rendered in any state hospital or institution, the real estate or any part thereof may be sold or leased by the state treasurer with the ap…
Mich. Comp. Laws § 322.2 Appraisal of real estate; sale to highest bidder; notice.
0.8K chars
Sec. 2. The state treasurer shall cause real estate described in section 1 to be appraised by 2 disinterested and qualified appraisers who are residents of the county in which the real estate is located, and then shall solicit and receive bids on the real estate. The real estate …
Mich. Comp. Laws § 322.3 Terms of sale; credit; limitation; security.
0.4K chars
Sec. 3. Upon sale of real estate under this act, the state treasurer may give such length of credit, not to exceed 5 years, and for not more than 3/4 of the purchase money, as the state treasurer considers best calculated to produce the highest price, and shall require the money …
Mich. Comp. Laws § 322.4 Notice of sale; deed of conveyance; documents attached; quitclaim deed.
0.6K chars
Sec. 4. An affidavit of the publisher of the notice of sale required under section 2 shall be attached to the deed conveying real estate under this act, together with a copy of the notice of sale, showing the dates of publication of the notice. A copy of the resolution of the sta…