Change to Michigan Marketable Title Act Requires Property Owners to Take Action to Preserve Certain Property Interests
Author: Katie J. Sabo, Esq. Earlier this year, a change to Michigan’s Marketable Record Title Act (“Act”) took effect that requires property owners to take action or risk losing certain property interests. In general, the purpose of the Act is to ensure that a property purchaser obtains “marketable title.” According to the Act, title is marketable…