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 lien claimant. If the action is not commenced or the answer is not filed within 30 days after service of the demand, the lien is extinguished without further action. Service of the demand may be by registered or certified mail, return receipt requested, or by personal service.
History: 2010, Act 201, Imd. Eff. Oct. 5, 2010
Structure Michigan Compiled Laws
Act 201 of 2010 - Commercial Real Estate Broker's Lien Act (570.581 - 570.594)
Section 570.581 - Short Title.
Section 570.582 - Definitions.
Section 570.583 - Commercial Real Estate Broker's Lien; Availability.
Section 570.585 - Escrow Account; Establishment to Satisfy Lien; Release.
Section 570.586 - Action to Enforce Lien; Complaint.
Section 570.587 - Commencement of Action; Time Period.
Section 570.589 - Written Demand on Behalf of Owner of Commercial Real Estate; Service.
Section 570.590 - Condition Prohibiting Compensation; Release of Lien.
Section 570.591 - Payment of Claim or Failure to Commence Action; Release of Lien.
Section 570.592 - Partial Payment of Lien Claim; Partial Satisfaction and Release of Lien; Form.
Section 570.593 - Priority of Subsequently Recorded Mortgage; Condition.
Section 570.594 - Written Commission Agreement Signed After Effective Date of Act; Applicability.