Michigan Compiled Laws
236-1961-58 - Chapter 58 Limitation of Actions (600.5801...600.5869)
Section 600.5803 - Foreclosure of Mortgages.

Sec. 5803.
No person shall bring or maintain any action or proceeding to foreclose a mortgage on real estate unless he commences the action or proceeding within 15 years after the mortgage becomes due or within 15 years after the last payment was made on the mortgage. This section limits foreclosure by advertisement and any other entries under the mortgage as well as actions of foreclosure in the courts.
History: 1961, Act 236, Eff. Jan. 1, 1963

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 600 - Revised Judicature Act of 1961

Act 236 of 1961 - Revised Judicature Act of 1961 (600.101 - 600.9948)

236-1961-58 - Chapter 58 Limitation of Actions (600.5801...600.5869)

Section 600.5801 - Limitation on Actions; Time Periods; Defendant Claiming Title Under Deed, Court-Ordered Sale, Tax Deed, or Will; Other Cases.

Section 600.5803 - Foreclosure of Mortgages.

Section 600.5805 - Injuries to Persons or Property; Period of Limitations; "Adjudication," "Criminal Sexual Conduct," and "Dating Relationship" Defined.

Section 600.5807 - Damages for Breach of Contract; Specific Performance; Period of Limitations; Bond; Deed; Mortgage; Surety Bond; Appeal Bond; Public Obligations; Other Actions.

Section 600.5809 - Action to Enforce Noncontractual Money Obligations; Limitations.

Section 600.5811 - Common Carriers; Charges and Overcharges; Definitions.

Section 600.5813 - Other Personal Actions.

Section 600.5815 - Scope of Limitations; Legal and Equitable; Laches.

Section 600.5821 - Recovery of Land or Public Ground; Period of Limitations; Personal Actions; Maintenance, Care, and Treatment of Persons in State Institutions.

Section 600.5823 - Counterclaims.

Section 600.5825 - Effect of Limits Running in Favor of Some Joint Obligors but Not All.

Section 600.5827 - Accrual of Claim.

Section 600.5829 - Accrual of Claim; Right of Entry or Recovery of Possession of Land.

Section 600.5831 - Accrual of Claim; Mutual and Open Account Current.

Section 600.5833 - Accrual of Claim; Breach of Warranty of Quality or Fitness.

Section 600.5834 - Accrual of Claim; Common Carriers; Charges; Overcharges.

Section 600.5835 - Accrual of Claim; Life Insurance; Presumption of Death.

Section 600.5836 - Accrual of Claim; Installment Contracts.

Section 600.5837 - Accrual of Claim; Alimony.

Section 600.5838 - Claim Based on Malpractice; Accrual; Commencement of Action; Burden of Proof; Limitations.

Section 600.5838a - Claim Based on Medical Malpractice; Accrual; Definitions; Commencement of Action; Burden of Proof; Applicability of Subsection (2); Limitations.

Section 600.5838b - Action for Legal Malpractice; Commencement; Limitation; Definitions.

Section 600.5839 - Period of Limitations on Actions Against Licensed Architect, Professional Engineer, Contractor, or Licensed Professional Surveyor; Definitions; Applicability.

Section 600.5841 - Accrual of Claim; to Person Other Than Person Bringing Action.

Section 600.5843 - Accrual of Claim; Regaining Possession of Land; Subsequent Loss; Effect.

Section 600.5851 - Disabilities of Infancy or Insanity; Tacking of Successive Disabilities Prohibited; Year of Grace; Removing Disability of Infancy; Claim Alleging Medical Malpractice Accruing to Person 8 Years Old or Less or 13 Years Old or Less; D...

Section 600.5851a - Court Action by Minor Victim of Female Genital Mutilation; Recovery of Damages; Limitation; "Female Genital Mutilation" Defined.

Section 600.5851b - Court Action by Minor Victim of Criminal Sexual Conduct; Exception to Period of Limitations; Right to Bring Action Under MCL 600.5851; "Adjudication" and "Criminal Sexual Conduct" Defined.

Section 600.5852 - Death Before Period of Limitations Has Run or Within 30 Days Thereafter; Commencement of Action; Death or Legal Incapacitation of Personal Representative; Limitation on Commencement of Action.

Section 600.5853 - Absence From State.

Section 600.5854 - War; Inability to Prosecute; Period of Limitation.

Section 600.5855 - Fraudulent Concealment of Claim or Identity of Person Liable; Discovery.

Section 600.5856 - Tolling of Statute of Limitations or Repose.

Section 600.5861 - Cause of Action Accruing Without State; Limitation on Commencement of Action.

Section 600.5865 - Endorsement or Memorandum of Payment; Evidence.

Section 600.5866 - Revival of Barred Claim; Written Acknowledgment of Obligor.

Section 600.5867 - Presumption as to Possession of Land; Exception.

Section 600.5868 - Entry and Possession.

Section 600.5869 - Rights Governed by Law Under Which Right Accrued.