570.587 Commencement of action; time period.
85 words·~1 min read·
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570.587 Commencement of action; time period.
Sec. 7.
(1)An action under section 6 shall be commenced within 1 year after the date the commercial real estate broker's lien attaches.
(2)Failure to commence an action within the applicable time period under this section extinguishes the lien. A later claim of lien for the same commission or services shall not be made and shall not be the basis of an action filed under section 6.
History: 2010, Act 201 , Imd. Eff. Oct. 5, 2010