Sec. 3201. Every mortgage of real estate, which contains a power of sale, upon default being made in any condition of such mortgage, may be foreclosed by advertisement, in the cases and in the manner specified in this chapter. However, the procedures set forth in this chapter shall not apply to mortgages of real estate held by the Michigan state housing development authority.
Mich. Comp. Laws § 600.3201
Foreclosure by advertisement of mortgage containing power of sale; exception
Applied in 50 court decisions — leading case Kim v. Jpmorgan Chase Bank, Na (2012)
Most recently applied in In re Taj Graphics Enters., LLC (April 2019)
1961, Act 236, Eff
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.