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Robert M. Meisner: Marketable Record Title Act and upcoming deadline

Q. We are a rural subdivision association in northern Michigan and have not had our governing documents updated since 1971. One of our members heard something about the Marketable Record ....

United States , Marketable Record Title , Michigan Marketable Record Title Act , He Economy ,

Poliakoff: Lot owner bound by covenants even when not aware of them

Condo Q&A: Lot owner bound by declaration of covenants even when not aware they existed. ....

United States , Ryan Poliakoff , Special Offers , Marketable Record Title ,

Hidden River: Lengthy legal battle leads to a compromised levee

Hidden River: Lengthy legal battle leads to a compromised levee
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Michigan Marketable Record Title Act: What to know about the recent 2020 amendment

Grand Rapids Business Journal
Interests held in real property are often extremely valuable to the interest holders and can affect the character and uses of the land in which they are held. The validity and enforceability of such property interests in Michigan are governed by the Marketable Record Title Act.
On Dec. 29, Michigan effectively amended the Marketable Record Title Act and, in so doing, provided property interest holders in this state additional time to protect their interests before they are voided at the end of certain statutory periods.
How the amendment impacts property interest holders
Before the 2020 amendment, the Marketable Record Title Act generally provided that interests in real property were only valid against subsequent purchasers if they were based upon some act, transaction, event or omission that occurred within a 20-year period for mineral interests or a 40-year period for other interests. However, the act also stated that holders of olde ....

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