Go To Top capitol dome
Michigan Legislature
Michigan Compiled Laws Complete Through PA 578 of 2018
House: Adjourned until Tuesday, April 9, 2019 1:30:00 PM

Michigan Legislature

Main Content

Act 348 of 1990
Search within this Statute for


PRIORITY OF MORTGAGES

Act 348 of 1990

AN ACT to establish the priority of a mortgage that secures an indebtedness or other obligation that arises or is incurred after the mortgage has been recorded.


History: 1990, Act 348, Eff. Apr. 1, 1991


© 2017 Legislative Council, State of Michigan

The People of the State of Michigan enact:

DocumentTypeDescription
Section 565.901SectionDefinitions.
Section 565.902SectionPriority of future advance mortgage.
Section 565.903SectionPriority of recorded mortgage amended to become future advance mortgage.
Section 565.903aSectionPriority of residential future advance mortgage.
Section 565.904SectionPriority of future advance mortgage over another interest in property recorded prior to April 1, 1991.
Section 565.905SectionApplicability of act.
Section 565.906SectionEffective date.
up icon