The Michigan Notice of Assignment by Seller to Holder of Preferential Purchase Right is a legal document that serves as a notification to a holder of a preferential purchase right regarding the assignment of a property by the seller. This document is commonly used in real estate transactions in Michigan to ensure transparency and protect the rights of the holder. Keywords: Michigan Notice of Assignment, Seller, Holder, Preferential Purchase Right, legal document, real estate transaction, transparency, rights. The notice outlines the specific details of the property being assigned, including its address, legal description, and any relevant additional information. It also includes the names and contact information of both the seller and the holder, ensuring that all parties involved can easily communicate and address any concerns or questions. In the state of Michigan, there might be different types of Notice of Assignment by Seller to Holder of Preferential Purchase Right that can be used depending on the circumstances. These may include: 1. Notice of Assignment by Seller to Holder of Preferential Purchase Right — Residential Property: This type of notice is used when the assigned property is a residential property, such as a house or a condominium. 2. Notice of Assignment by Seller to Holder of Preferential Purchase Right — Commercial Property: If the assignment involves a commercial property, such as an office building, retail space, or industrial facility, this specific notice can be utilized. 3. Notice of Assignment by Seller to Holder of Preferential Purchase Right — Vacant Land: When the property being assigned is vacant land or a plot without any structures, this type of notice is used to inform the holder of their right to purchase. 4. Notice of Assignment by Seller to Holder of Preferential Purchase Right — Multiple Properties: In situations where a seller is assigning multiple properties to a holder with a preferential purchase right, this notice can be tailored to include relevant information about each property. It's essential to consult with legal professionals or experts familiar with Michigan real estate law to ensure the accurate completion and submission of the appropriate Notice of Assignment by Seller to Holder of Preferential Purchase Right based on the specific circumstances of the transaction.