Judicial Commercial Foreclosures (Foreclosure by Action) (MI) | Practical Law

Judicial Commercial Foreclosures (Foreclosure by Action) (MI) | Practical Law

A Practice Note describing the procedures and primary considerations for conducting a judicial foreclosure (foreclosure by action) of a mortgage secured by commercial real property in Michigan. This Note also discusses Michigan law concerning receiverships, redemption rights, and deficiency judgments.

Judicial Commercial Foreclosures (Foreclosure by Action) (MI)

Practical Law Practice Note w-028-4965 (Approx. 28 pages)

Judicial Commercial Foreclosures (Foreclosure by Action) (MI)

by James A. Martone, Dickinson Wright PLLC, with Practical Law Real Estate
Law stated as of 22 Sep 2022Michigan
A Practice Note describing the procedures and primary considerations for conducting a judicial foreclosure (foreclosure by action) of a mortgage secured by commercial real property in Michigan. This Note also discusses Michigan law concerning receiverships, redemption rights, and deficiency judgments.