Michigan § 445.114 Tender of payments or goods to buyer; failure to tender goods; effect of noncompliance.

Michigan Statutes

§ 445.114 — Tender of payments or goods to buyer; failure to tender goods; effect of noncompliance.

Michigan § 445.114

Ch. 445TRADE AND COMMERCE

Act 227 of 1971HOME SOLICITATION SALES (445.111-445.117)

This text of Michigan § 445.114 (Tender of payments or goods to buyer; failure to tender goods; effect of noncompliance.) 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 § 445.114 (2026).

Text

HOME SOLICITATION SALES (EXCERPT) Act 227 of 1971 445.114 Tender of payments or goods to buyer; failure to tender goods; effect of noncompliance. Sec. 4.

(1)Except as provided in this section, within 10 days after a home solicitation sale has been canceled or an offer to purchase revoked the seller shall tender to the buyer any payments made by the buyer and any note or other evidence of indebtedness.

(2)If the down payment includes goods traded in, the goods shall be tendered in substantially as good condition as when received by the seller. If the seller fails to tender the goods as provided by this section, the buyer may elect to recover an amount equal to the trade-in allowance stated in the agreement.

(3)Until the seller has complied with the obligations imposed by this section the

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HOME SOLICITATION SALES (EXCERPT) Act 227 of 1971 445.114 Tender of payments or goods to buyer; failure to tender goods; effect of noncompliance. Sec. 4. (1) Except as provided in this section, within 10 days after a home solicitation sale has been canceled or an offer to purchase revoked the seller shall tender to the buyer any payments made by the buyer and any note or other evidence of indebtedness. (2) If the down payment includes goods traded in, the goods shall be tendered in substantially as good condition as when received by the seller. If the seller fails to tender the goods as provided by this section, the buyer may elect to recover an amount equal to the trade-in allowance stated in the agreement. (3) Until the seller has complied with the obligations imposed by this section the buyer may retain possession of goods delivered to him by the seller and has a lien on the goods in his possession or control for any recovery to which he is entitled.