In Michigan, the time to redeem foreclosed property is six (6) months from the date of sale unless the property is found to be abandoned pursuant to MCL 600.3241a, in which case the redemption period shall be the later of thirty (30) days from the date of sale or fifteen (15) days from the date the notice required by MCL 600.3241a(b) was posted and mailed. This form of affidavit is a method of proving that the property was not and/or is not abandoned.
In the context of Michigan real estate law, a Detroit Affidavit that Real Property is not Abandoned refers to a legal document that is filed to prove that a particular property in the city of Detroit is not abandoned, as required under the Michigan Compiled Laws, specifically section 600.3241(d). The purpose of this affidavit is to provide evidence and assurance that the property in question is not abandoned and, therefore, eligible for protection against foreclosure proceedings or other adverse actions by the government or lenders. The requirements for a Detroit Affidavit that Real Property is not Abandoned are set forth in section 600.3241(d) of the Michigan Compiled Laws. This statute outlines the criteria that must be met to demonstrate that the property is not abandoned. It typically includes factors such as a demonstration of ongoing occupancy, regular payment of property taxes, the property's physical condition, and evidence of active maintenance and use. Different types or variations of the Detroit Affidavit that Real Property is not Abandoned may exist based on specific circumstances and the nature of the property in question. However, these variations are not explicitly named in the statute. Keywords: Detroit Affidavit, Real Property, Abandoned, Michigan, Mich. Comp. Laws, 600.3241(d), foreclosure proceedings, lenders, government, legal document, evidence, occupancy, property taxes, physical condition, active maintenance and use.In the context of Michigan real estate law, a Detroit Affidavit that Real Property is not Abandoned refers to a legal document that is filed to prove that a particular property in the city of Detroit is not abandoned, as required under the Michigan Compiled Laws, specifically section 600.3241(d). The purpose of this affidavit is to provide evidence and assurance that the property in question is not abandoned and, therefore, eligible for protection against foreclosure proceedings or other adverse actions by the government or lenders. The requirements for a Detroit Affidavit that Real Property is not Abandoned are set forth in section 600.3241(d) of the Michigan Compiled Laws. This statute outlines the criteria that must be met to demonstrate that the property is not abandoned. It typically includes factors such as a demonstration of ongoing occupancy, regular payment of property taxes, the property's physical condition, and evidence of active maintenance and use. Different types or variations of the Detroit Affidavit that Real Property is not Abandoned may exist based on specific circumstances and the nature of the property in question. However, these variations are not explicitly named in the statute. Keywords: Detroit Affidavit, Real Property, Abandoned, Michigan, Mich. Comp. Laws, 600.3241(d), foreclosure proceedings, lenders, government, legal document, evidence, occupancy, property taxes, physical condition, active maintenance and use.