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Mich. Comp. Laws § 570.1120

Failure of owner or lessee to perform contract; compensation and additional damages

Applied in 1 court decision — leading case Vugterveen Systems, Inc. v. Olde Millpond Corp. (1997)

Most recently applied in Vugterveen Systems, Inc. v. Olde Millpond Corp. (March 1997)

1980, Act 497, Eff

Sec. 120. If a lien claimant, by reason of the failure of an owner or lessee to perform the contract, and without fault on the part of the lien claimant, has been prevented from completely performing the contract, the lien claimant shall be entitled to compensation for as much as was performed by the claimant under the contract, in proportion to the price stipulated for complete performance of the whole contract, less any payments made to the lien claimant and also to any additional damages which the lien claimant may be entitled to as a matter of law.

Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.