Michigan Compiled Laws
Act 84 of 1999 - Urban Homesteading in Multifamily Public Housing Act (125.2721 - 125.2734)
Section 125.2734 - Late or Delinquent Rent.

Sec. 14.
A qualified buyer eligible for and participating in the urban homestead program shall be allowed the opportunity to make up any late or delinquent rent due. The administrator shall notify the individual of the arrearage and determine a payment schedule to make up past due rent.
History: 1999, Act 84, Imd. Eff. June 28, 1999

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Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 125 - Planning, Housing, and Zoning

Act 84 of 1999 - Urban Homesteading in Multifamily Public Housing Act (125.2721 - 125.2734)

Section 125.2721 - Short Title.

Section 125.2722 - Definitions.

Section 125.2723 - Urban Homestead Program in Multifamily Public Housing; Availability of Property to Qualified Buyers; Resolution; Appeals Process to Applicants and Buyers.

Section 125.2724 - Acquisition of Housing Project by Resident Organization; Conditions; Payment of Fees and Operation Subsidies; Management Training and Counseling; Application for Grant Funds.

Section 125.2725 - Transfer of Legal Ownership.

Section 125.2726 - Acquisition of Public Housing Property; Eligibility to Enter Homestead Agreement; Substance Abuse Testing; Verification of School Attendance.

Section 125.2727 - Acquisition of Public Housing Unit in Which Qualified Buyer Resides; Application; Felony as Automatic Termination; Conditions for Transfer of Legal Ownership; Escrow Account.

Section 125.2728 - Mortgage Loans.

Section 125.2729 - Right of First Refusal.

Section 125.2730 - Legal Ownership by Resident Organization or Successor Entity; Effect on Residents Who Do Not Become Owners.

Section 125.2731 - Federal Waivers.

Section 125.2732 - Additional Powers.

Section 125.2733 - Audit.

Section 125.2734 - Late or Delinquent Rent.