Michigan § 445.1625 - Limitations on enforcement of due-on-sale clause during term of land contracts or second mortgages.
Full text of Michigan Michigan Compiled Laws § 445.1625 — Limitations on enforcement of due-on-sale clause during term of land contracts or second mortgages., with citation guidance and answers to common questions.
§ 445.1625. Limitations on enforcement of due-on-sale clause during term of land contracts or second mortgages.
With respect to any residential real property loan, other than a residential real property loan originated by a federal savings and loan association, a federal savings bank, a national bank, or a federally chartered credit union, if the property securing the loan was sold or transferred prior to October 15, 1982 either on any land contract which does not have a due-on-sale clause or subject to a second mortgage in favor of the seller which does not have a due-on-sale clause, then upon 1 or more subsequent sales or transfers of the property without a payoff of that land contract or second mortgage, a lender shall not enforce a due-on-sale clause in its loan contract.
The limitations on enforcement of a due-on-sale clause in subsection (1) shall remain in force only for the term of any land contracts or second mortgages in effect on October 15, 1982 not containing a due-on-sale clause or until those land contracts or second mortgages are paid off, whichever occurs first.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 445.1625
What does Michigan Compiled Laws § 445.1625 cover?
Section 445.1625 ("Limitations on enforcement of due-on-sale clause during term of land contracts or second mortgages.") 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 § 445.1625?
A common citation format is "Michigan Compiled Laws § 445.1625" (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 § 445.1625 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.