Michigan Compiled Laws
Act 201 of 2010 - Commercial Real Estate Broker's Lien Act (570.581 - 570.594)
Section 570.594 - Written Commission Agreement Signed After Effective Date of Act; Applicability.

Sec. 14.
This act applies to a written commission agreement signed after the effective date of this act.
History: 2010, Act 201, Imd. Eff. Oct. 5, 2010

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Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 570 - Liens

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 570.584 - Lien; Attachment; Conditions; Recording; Time of Filing; Contents of Claim; Form; Mailing; Claim of Lien as Void and Unenforceable; Priority of Prior-Recorded Lien or Mortgage; "Lease" Defined.

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 570.588 - Sale of Interest in Commercial Real Estate; Court Order; Order of Foreclosure; Period of Redemption; Order of Deficiency Judgment; Costs.

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.