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Code · Michigan · Chapter 554 — Real and Personal Property

554.1056 Assignment enforcement methods.

139 words·~1 min read·/mi/chapter-554/554-1056

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554.1056 Assignment enforcement methods.
Sec. 6.
(1)An assignee may enforce an assignment of rents using 1 or more of the methods specified in sections 7, 8, and 9 or any other method sufficient to enforce the assignment under law of this state other than this act.
(2)From the first date of enforcement, the assignee or, in the case of enforcement by appointment of a receiver under section 7, the receiver, is entitled to collect all of the following:
(a)Rents that have accrued but remain unpaid on that date.
(b)Rents that accrue on or after that date, as those rents accrue.
(3)From the first date of enforcement, a modification of the rental agreement is not binding on the assignee without the written consent of the assignee.
History: 2022, Act 115 , Eff. Sept. 22, 2022
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