Mich. Comp. Laws § 565.882

Current through Public Act 148 of the 2024 Legislative Session
Section 565.882 - Transfer fee covenant; effect

A transfer fee covenant that is executed on or after the effective date of this section, whether or not recorded, does not run with the title to real property and is not binding on or enforceable against any subsequent owner, purchaser, or mortgagee of any interest in the real property as an equitable servitude or otherwise.

MCL 565.882

Added by 2011, Act 34,s 2, eff. 5/24/2011.