Michigan Statutes

§ 565.162 — Annual statements to mortgagor; exceptions to furnishing.

Michigan § 565.162

JurisdictionMichigan

Ch. 565CONVEYANCES OF REAL PROPERTY

Act 125 of 1966ANNUAL STATEMENTS TO MORTGAGORS (565.161-565.164)

This text of Michigan § 565.162 (Annual statements to mortgagor; exceptions to furnishing.) 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 § 565.162 (2026).

Text

ANNUAL STATEMENTS TO MORTGAGORS (EXCERPT) Act 125 of 1966 565.162 Annual statements to mortgagor; exceptions to furnishing. Sec.

2.The annual statement specified in section 1 is not required where the mortgagor is provided with a monthly billing form or mortgagor passbook either of which provides the escrow fund balance and record of expenditures for taxes.

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Legislative History

1966, Act 125, Eff. Mar. 10, 1967

Nearby Sections

15

§ 565.1001

§ 565.1003

§ 565.1005

First-time home buyer savings program; establishment; savings account designation; form of contribution.

§ 565.1007

Account holder responsibilities; use of funds; filing with department; maintenance and retention of records; rules; deduction under MCL 206.30; informational materials.

§ 565.1009

Financial institution duties and responsibilities.

§ 565.101

Marketable record title.

§ 565.1011

Maximum account balance limit; contributions, interest earned, and qualified withdrawals as tax exempt.

§ 565.1013

Improper use of funds; penalties; exceptions; definitions.

§ 565.101a

§ 565.102

Unbroken chain of title to interest in land; conditions.

§ 565.103

Marketable record title; successors in interest; notice of claims; recording for record.

§ 565.104

Marketable record title; failure to record notice not to bar right to possession; applicability to government property or oil and gas interests.

§ 565.105

Notice of claim to contain land description; requirements; form; recording, fees, indexing.

§ 565.105a

Conveyance of land or title; notice of claim; preclusion of interest, claim or charge; statements.

§ 565.106

Construction of act; purpose; extinguishment of claim.

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Bluebook (online)

Michigan § 565.162, Counsel Stack Legal Research, https://law.counselstack.com/statute/mi/565/565.162.