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Due-on-Sale in Michigan
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A 6 page memo to a law practice client in Michigan explaining the due-on-sale clause of the mortgage contract and Michigan law, and why she cannot circumvent the law by writing a land contract effectively selling the land on which a house is situated without also paying off the mortgage so that a new one – at higher interest – can be written. The memo provides issues of law, a discussion and conclusion. Bibliography lists 4 sources.
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Pages:
6
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Filename:CC6_KSlawMIdueOnSale.rtf |
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Paper Title:
Due-on-Sale in Michigan
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