Mich. Comp. Laws § 486.10

Current through Public Act 171 of the 2024 Legislative Session
Section 486.10 - Assessment; mortgage lien; preference

All assessments made under the provisions of this act shall be and remain a mortgage-lien upon the interest so assessed, from and after the completion of the work for which such assessment was made, until paid, together with interest and the cost of publishing notice, if notice shall be published, and said mortgage-lien shall have preference over all incumbrances on said interest from and after the recording of a certificate, as is hereinafter provided, except incumbrances now existing thereon in good faith, and except taxes assessed or to be assessed thereon by any law of this state.

MCL 486.10

1863, Act 232, Eff. 6/22/1863 ;--Am. 1871, Act 90, Imd. Eff. 4/12/1871 ;--CL 1871, 2754 ;--How. 3883 ;--CL 1897, 6776 ;--CL 1915, 8876 ;--CL 1929, 11811 ;--CL 1948, 486.10.