Michigan § 559.158 Acquisition of title by foreclosure of first mortgage; liability for assessments.

Michigan Statutes

§ 559.158 — Acquisition of title by foreclosure of first mortgage; liability for assessments.

Michigan § 559.158

Ch. 559CONDOMINIUMS

Act 59 of 1978CONDOMINIUM ACT (559.101-559.276)

This text of Michigan § 559.158 (Acquisition of title by foreclosure of first mortgage; liability for assessments.) 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 § 559.158 (2026).

Text

CONDOMINIUM ACT (EXCERPT) Act 59 of 1978 559.158 Acquisition of title by foreclosure of first mortgage; liability for assessments. Sec.

58.If the mortgagee of a first mortgage of record or other purchaser of a condominium unit obtains title to the condominium unit as a result of foreclosure of the first mortgage, that mortgagee or purchaser and his or her successors and assigns are not liable for the assessments by the administering body chargeable to the unit that became due prior to the acquisition of title to the unit by that mortgagee or purchaser and his or her successors and assigns.

Free access — add to your briefcase to read the full text and ask questions with AI

CONDOMINIUM ACT (EXCERPT) Act 59 of 1978 559.158 Acquisition of title by foreclosure of first mortgage; liability for assessments. Sec. 58. If the mortgagee of a first mortgage of record or other purchaser of a condominium unit obtains title to the condominium unit as a result of foreclosure of the first mortgage, that mortgagee or purchaser and his or her successors and assigns are not liable for the assessments by the administering body chargeable to the unit that became due prior to the acquisition of title to the unit by that mortgagee or purchaser and his or her successors and assigns.