A recent opinion from the Sixth Circuit Court of Appeals has opened a new door for a taxpayer to challenge a Michigan tax foreclosure sale. The opinion held that the challenge could proceed where the property value was alleged to be substantially more than the unpaid taxes.
Key Takeaways - ..The Michigan Court of Appeals rejected an effort to allow class action recovery of excess proceeds from the sale of tax foreclosed properties. .
A new Michigan Court of Appeals ruling could impact the ability of taxpayers to recover excess proceeds from the sale of tax-foreclosed properties. In Proctor v Saginaw County, the Court rejected an effort to allow the recovery of such proceeds as a class action.