SB 0528
Civil procedure: foreclosure; public sale of property being foreclosed by advertisement; allow to be held virtually. Amends secs. 3216 & 3220 of 1961 PA 236 (MCL 600.3216 & 600.3220). TIE BAR WITH: SB 527'25
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- Passed Senate
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- To Governor
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Bill overview
This bill modifies Michigan’s foreclosure laws to allow for public sales of foreclosed properties to be conducted virtually through online auctions. It updates existing rules regarding how these sales must be held, specifying requirements for secure online platforms and payment timelines. The bill also addresses adjournment procedures for sales, including requirements for posting notices of adjournment both physically and online.
Sponsors
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Primary sponsor
Edward W. McBroom
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