17 chapters · 183 sections in this title.
Mich. Comp. Laws § 570.587 Commencement of action; time period.
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Sec. 7. (1) An action under section 6 shall be commenced within 1 year after the date the commercial real estate broker's lien attaches. (2) Failure to commence an action within the applicable time period under this section extinguishes the lien. A later claim of lien for the sam…
Mich. Comp. Laws § 570.588 Sale of interest in commercial real estate; court order; order of foreclosure; period of redemption; order of deficiency judgment; costs.
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Sec. 8. (1) If the court in an action under section 6 finds that the plaintiff is entitled to the commercial real estate lien and that the amount claimed has not been paid, the court may enter a judgment ordering the sale of any interest in the commercial real estate, or part of …
Mich. Comp. Laws § 570.589 Written demand on behalf of owner of commercial real estate; service.
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Sec. 9. A written demand on behalf of the owner of commercial real estate may be served on a person claiming a commercial real estate broker's lien, demanding that an action be commenced to enforce the lien or that an answer be filed in an action pending between the owner and the…
Mich. Comp. Laws § 570.590 Condition prohibiting compensation; release of lien.
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Sec. 10. If a claim of lien has been recorded under this act and a condition occurs that prohibits the real estate broker from receiving compensation under the terms of the written agreement on which the claim is based, the real estate broker shall provide a release of lien under…