COMMERCIAL REAL ESTATE BROKER'S LIEN ACT (EXCERPT)
Act 201 of 2010
570.593 Priority of subsequently recorded mortgage; condition.Sec. 13.
A subsequently recorded mortgage has priority over a commercial real estate broker's lien if the mortgagee did not have actual or constructive knowledge of the lien at the time the mortgagee advanced money under the mortgage.
History: 2010, Act 201, Imd. Eff. Oct. 5, 2010
Rendered 12/1/2025 1:49 PM
Michigan Compiled Laws Complete Through PA 35 of 2025
Courtesy of legislature.mi.gov