Michigan § 125.1448l - Forfeiture, foreclosure, or specific performance proceedings; minimum price.
Full text of Michigan Michigan Compiled Laws § 125.1448l — Forfeiture, foreclosure, or specific performance proceedings; minimum price., with citation guidance and answers to common questions.
§ 125.1448l. Forfeiture, foreclosure, or specific performance proceedings; minimum price.
In any forfeiture, foreclosure, or specific performance case based upon a mortgage on real estate or land contract held by the authority, the court may fix and determine the minimum price at which the real property covered by the mortgage or land contract may be sold at the sale under the forfeiture, foreclosure, or specific performance proceedings.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 125.1448l
What does Michigan Compiled Laws § 125.1448l cover?
Section 125.1448l ("Forfeiture, foreclosure, or specific performance proceedings; minimum price.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 125.1448l?
A common citation format is "Michigan Compiled Laws § 125.1448l" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 125.1448l apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.