Michigan Compiled Laws
346-1966-2 - Chapter 2 (125.1421...125.1449v)
Section 125.1449m - Refusal to Make and Acknowledge Certificate of Payment; Liability; Damages; Civil Action.

Sec. 49m.
If any person entitled to receive such redemption moneys, shall, upon payment or tender thereof to him or her, refuse to make and acknowledge such certificate of payment, he or she shall be liable to the person aggrieved thereby, in the sum of $100.00 damages, over and above all the actual damages sustained, to be recovered in a civil action, except that no damages of any kind may be recovered from any register of deeds who refuses to accept tender of payment after the time indorsed upon the deed when the deed becomes operative in case the premises are not redeemed, and the officer or person making the sale shall be entitled to rely conclusively upon the recital of the length of the redemption period contained in the notice of foreclosure in making such indorsement upon the deed.
History: Add. 1981, Act 173, Imd. Eff. Dec. 10, 1981

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Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 125 - Planning, Housing, and Zoning

Act 346 of 1966 - State Housing Development Authority Act of 1966 (125.1401 - 125.1499c)

346-1966-2 - Chapter 2 (125.1421...125.1449v)

Section 125.1421 - Michigan State Housing Development Authority; Creation; Composition; Appointment, Qualifications, and Terms of Members; Vacancy; Expenses; Certificate of Appointment or Reappointment; Designated Resident Members; Powers Vested in M...

Section 125.1422 - Powers of Authority.

Section 125.1422a - Rehabilitation of Residential Real or Rental Property; Loans, Grants, or Deferred Payment Loans to Persons and Families of Low and Moderate Income; Loans to Persons in Areas of Chronic Economic Stress and to Persons Located Elsewh...

Section 125.1422b - Designation of Authority as Housing Credit Agency; Purpose; Amount of Housing Credit Ceiling; Qualification of Applicant; Allocation Plan; Distribution; Setting Aside Allocable Amounts; Reapportionment of Unallocated Credit Amount...

Section 125.1422c - Subsidiary Nonprofit Housing Corporation.

Section 125.1422d - Investments.

Section 125.1423 - Housing Development Fund; Creation; Payments Into Fund.

Section 125.1424 - Housing Development Fund; Advances; Grants; Transfer of Moneys.

Section 125.1424a - Land Acquisition and Development Fund; Creation; Payment of Moneys Into Fund.

Section 125.1424b - Land Acquisition and Development Fund; Use of Moneys; Acquisition and Exchange of Real Property; Improvements to Real Property; Costs; Conveyance of Real Property.

Section 125.1424c - Transfer of Moneys to Housing Development Fund or Rehabilitation Fund.

Section 125.1424d - Rehabilitation Fund; Creation; Jurisdiction; Payments.

Section 125.1424e - Rehabilitation Fund; Use of Moneys; Allocations or Pledges to Holders of Bonds.

Section 125.1424f - Recapture Tax Fund; Creation; Establishment; Payment; Use.

Section 125.1424g - Repealed. 1985, Act 183, Imd. Eff. Dec. 18, 1985.

Section 125.1425 - Bonds and Notes; Issuance; Purposes; Issuing Renewal Notes, Bonds to Pay Notes and Refunding Bonds; Notes or Bonds as General Obligations and Negotiable Instruments; Revised Municipal Finance Act Inapplicable; Issuance Subject to A...

Section 125.1426 - Bonds and Notes; Authorization; Terms.

Section 125.1427 - Notes or Bonds; Resolution Authorizing Issuance; Contents.

Section 125.1428 - Notes and Bonds; Validity and Effect of Pledge.

Section 125.1429 - Notes and Bonds; Personal Liability of Members of Authority.

Section 125.1430 - Notes and Bonds; Purchase for Cancellation; Price.

Section 125.1431 - Notes and Bonds; Liability of State.

Section 125.1432 - Capital Reserve Fund; Definitions; Federal Housing Subsidy Programs; Recommendations; Priority; Program of Loans for Mobile Homes; Program of Loans for Consumer Housing Cooperatives; Notice of Public Hearing or Proposed Rule Change...

Section 125.1432a - Issuance of Bonds to Finance Single Family Homes; Previous Ownership Interest; Publicizing Program; Report to Legislature; Section Inapplicable to Refinancing Single Family Homes.

Section 125.1432b - Mortgage Credit Certificate Program; Authority Designated as Administrator; Guidelines; Qualifying for Receipt of Mortgage Credit Certificate; Adaptation of Property for Use by Disabled Individuals; Family Income Limits; Applicabi...

Section 125.1432c - Repealed. 1988, Act 496, Eff. Mar. 30, 1989.

Section 125.1432d - Legislative Intent.

Section 125.1433 - General Reserve Fund; Creation; Payments Into Fund; Use of Fund.

Section 125.1434 - Notes and Bonds; Pledge and Agreement of State.

Section 125.1435 - Trustee; Default; Powers and Duties.

Section 125.1436 - Trustee; Additional Powers.

Section 125.1437 - Venue.

Section 125.1438 - Notes and Bonds; Notice; Declaration, Due and Payable.

Section 125.1439 - Money of Authority; Deposit; Security for Deposits; Contracts With Holders of Notes or Bonds; Security for Money Held in Trust; System of Accounts; Spending for Operating Purposes; Periodic Audits; Copies.

Section 125.1440 - Notes and Bonds; Legal Investment.

Section 125.1441 - Faith and Credit Bonds.

Section 125.1442 - Property of Authority; Exempt From Taxation.

Section 125.1443 - Notes and Bonds; Exemption From Taxation.

Section 125.1443a - Authorization of Covenant and Consent.

Section 125.1444 - Loans; Purposes; Conditions; Amount; Eligibility; Sales and Resales; Long-Term Financing or Refinancing; Securing and Repaying Loans; Interest Rate; Misrepresentation of Income; Loans for Newly Rehabilitated, Newly Constructed, or...

Section 125.1444a - Rehabilitation Loans, Grants, or Deferred Payment Loans; Eligibility; Secured or Unsecured Loans or Grants; Insurance; Reserve; Interest; Terms and Conditions; Rules; Persons and Families of Low and Moderate Income; Maximum Princi...

Section 125.1444b - Loans to Mortgage Lenders; Authorized Purchases and Commitments; Requirements and Conditions; Report.

Section 125.1444c - Use of Proceeds of Notes or Bonds; Qualification as Rehabilitation; Establishment of Higher Income Limits; Eligibility for Occupancy; Application; Issuance of 6-Month Commitment to Loan Funds; Limitation on Outstanding Loan Commit...

Section 125.1444d - Authorized Loans; Purpose; Criteria.

Section 125.1444e - Income Eligibility Standards Applicable to Tenant of Housing Project.

Section 125.1444f - Loan for Housing Project in Effectively Treatable Area; Demonstration of Community Support; Return on Investment.

Section 125.1444g - Enforcement of Promises or Commitments; Action to Be Brought Against Authority.

Section 125.1445 - Preference to Displaced Persons.

Section 125.1446 - Discrimination.

Section 125.1447 - Obtaining Money, Property, or Service With Intent to Defraud or Cheat; Penalty; Determination of Total Value; Prior Convictions; Prohibited Use.

Section 125.1448 - Foreclosure Procedures Applicable to Authority.

Section 125.1448a - Jurisdiction to Foreclose Mortgages and Land Contracts Held by Authority.

Section 125.1448b - Other Civil Actions.

Section 125.1448c - Bringing Amount Due Into Court Before Judgment of Sale; Dismissal of Complaint.

Section 125.1448d - Sale of Premises Pursuant to Circuit Court Order.

Section 125.1448e - Bringing Amount Due Into Court After Judgment of Sale; Stay of Proceedings; Subsequent Default.

Section 125.1448f - Public Sale of Land by County Clerk, Deputy County Clerk, or Other Authorized Person; Hours; Location; Sale Subject to MCL 600.6091.

Section 125.1448g - Deed of Sale; Execution; Operation; Right, Title, and Interest Vested in Grantee; Recordation; Redemption of Premises.

Section 125.1448h - Sale Proceeds; Application to Discharge of Debt; Surplus; Interest.

Section 125.1448i - Redemption of Premises; Effect on Deed of Sale; Affidavit.

Section 125.1448j - Adding Property Tax and Insurance Premium Payments Made After Foreclosure to Amount Due in Judgment; Determination of Additional Liability; Affidavits; Receipt; Redemption.

Section 125.1448k - Personal Liability on Land Contract or for Mortgage Debt; Original Judgment; Deficiency; Delivery of Premises to Purchaser; Order.

Section 125.1448l - Forfeiture, Foreclosure, or Specific Performance Proceedings; Minimum Price.

Section 125.1448m - Land Contract or Mortgage Debt Secured by Evidence of Debt of Person Other Than Vendee or Mortgagor; Party; Court Order.

Section 125.1448n - Sale of Premises; Default Subsequent to Judgment.

Section 125.1448o - Action to Discharge Mortgage or Land Contract; Judgment Entered by Court; Contents; Minutes; Delivery of Judgment to Authority; Recordation of Judgment.

Section 125.1448p - Equitable Actions.

Section 125.1449 - Foreclosure by Advertisement.

Section 125.1449a - Right of Authority to Give Notice and Make Foreclosure; Conditions; Mortgage Securing Payment of Money by Installments; Installment as Separate and Independent Mortgage; Foreclosure and Redemption.

Section 125.1449b - Notice of Sale; Publication; Posting Copy of Notice Upon Premises.

Section 125.1449c - Notice of Sale; Contents.

Section 125.1449d - Sale of Premises at Public Sale; Hours; Location; Appointed Person; Highest Bidder.

Section 125.1449e - Adjournment of Sale; Request; Notice; Oral Announcement Unnecessary.

Section 125.1449f - Sale of Distinct Farms, Tracts, or Lots Separately or Together.

Section 125.1449g - Purchase of Premises by Authority or Its Successor or Assign Permitted.

Section 125.1449h - Deed; Execution, Acknowledgment, and Delivery by Officer or Person Making Sale; Separate Deeds Where Lands Situated in Several Counties; Endorsement, Recordation, and Indexation of Deed by Register of Deeds; Redemption.

Section 125.1449i - Deed; Right, Title, and Interest Vested in Grantee; Record of Deed Valid Without Re-Recordation; Effect of Sale on Valid Subsisting Lien Created Before Mortgage Lien Took Effect.

Section 125.1449j - Redemption of Premises; Payment of Taxes or Insurance Premiums; Redemption Period; Fees or Charges.

Section 125.1449k - Abandonment of Premises; Presumption.

Section 125.1449l - Payment of Entire Sum Bid at Sale, Interest, and Fee, or Delivery of Certificate of Payment to Register; Destruction of Deed; Memoranda.

Section 125.1449m - Refusal to Make and Acknowledge Certificate of Payment; Liability; Damages; Civil Action.

Section 125.1449n - Disposition of Surplus Money Remaining After Sale of Real Estate.

Section 125.1449o - Perpetuating Evidence of Sale; Affidavit; Endorsement Upon or Annexation to Instrument; References.

Section 125.1449p - Taking and Certifying Affidavits.

Section 125.1449q - Recording Affidavits; Presumptive Evidence of Facts.

Section 125.1449r - Note Recording Evidence of Sale to Be Made in Margin of Mortgage Record.

Section 125.1449s - Notice of Payment to Purchaser, Agent, or Attorney.

Section 125.1449t - Right to Enter Mortgaged Premises to Post or Serve Notices.

Section 125.1449u - Action to Recover Deficiency Judgment Against Mortgagor; Defense; Applicability of Section.

Section 125.1449v - Foreclosure Against Residential Property Not Exceeding 4 Units and Not More Than 3 Acres; Applicability of Section.