Home/Michigan/Statutes/Ch. 445: TRADE AND COMMERCE/Act 351 of 1984: DUE-ON-SALE CLAUSES (445.1621-445.1629)/§ 445.1622
Michigan Statutes

§ 445.1622 — Enforcement of due-on-sale clause generally.

Michigan § 445.1622
JurisdictionMichigan
Ch. 445TRADE AND COMMERCE
Act 351 of 1984DUE-ON-SALE CLAUSES (445.1621-445.1629)

This text of Michigan § 445.1622 (Enforcement of due-on-sale clause generally.) is published on Counsel Stack Legal Research, covering Michigan primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Mich. Comp. Laws § 445.1622 (2026).

Text

DUE-ON-SALE CLAUSES (EXCERPT) Act 351 of 1984 445.1622 Enforcement of due-on-sale clause generally. Sec.

2.Except for a residential window period loan, a lender may enforce a due-on-sale clause in a real property loan in accordance with the terms of the loan contract. A lender shall enforce a due-on-sale clause in a residential window period loan only in accordance with sections 3 to 5.

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Legislative History

1984, Act 351, Eff. Oct. 15, 1985 ;-- Am. 1985, Act 136, Imd. Eff. Oct. 15, 1985

Nearby Sections

15
§ 445.1
Certificate required to carry on business under assumed name; filing; form; contents; fee; execution and acknowledgment; exceptions; certification and return of duplicate; “person” and “address” defined; imposition of fee by certain charter counties.
§ 445.101
Unlawful trade practices; suppression.
§ 445.1011
Short title.
§ 445.1012
Definitions.
§ 445.1013
Termination of motor lease by service member or spouse; requirements.
§ 445.1014
Termination of motor vehicle lease; effectiveness.
§ 445.1015
Termination of motor vehicle lease; payments; charges; refund of advance payments.
§ 445.1016
Civil action; equitable relief; civil fine.
§ 445.102
Unlawful trade practices; definitions.
§ 445.103
Unlawful trade practices; wholesale, use of term.
§ 445.1031
Short title.
§ 445.1032
Definitions.
§ 445.1033
Soliciting fee for providing copy of deed; statement on document required; contents; form; rules; fee; limitation; furnishing copy of document to county office of register of deeds.
§ 445.1034
Exceptions.
§ 445.1035
Investigation; violation; penalty.
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Bluebook (online)
Michigan § 445.1622, Counsel Stack Legal Research, https://law.counselstack.com/statute/mi/445.1622.