Consent to Sale or Transfer of Real Property Subject to Residential Window Period Loan Containing Due - on - Sale Clause - Mich. Comp. Laws Section 445.1626a
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Michigan Laws > Trade And Commerce > Consent to Sale or Transfer of Real Property Subject to Residential Window Period Loan Containing Due - on - Sale Clause - Mich. Comp. Laws Section 445.1626a
445.1626a Consent to sale or transfer of real property subject to residential window period loan containing due-on-sale clause.
Sec. 6a.
Nothing in this act shall be construed to prohibit a lender, either before or after making a determination of the creditworthiness of a proposed buyer or transferee, from consenting in writing to a sale or transfer of real property that is subject to a residential window period loan containing a due-on-sale clause.
History: Add. 1985, Act 136, Imd. Eff. Oct. 15, 1985
Section: 445.1614 445.1621 445.1622 445.1623 445.1624 445.1625 445.1626 445.1626a 445.1627 445.1628 445.1629 445.1631 445.1632 445.1633 445.1634
Last modified: March 17, 2013
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