600.6024 Exemptions from sale on execution; taxation; exception; purchase money mortgage sale; effect of sale of property.

233 words·~1 min read·/mi/chapter-600/600-6024

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Sec. 6024.

(1)Nothing in this chapter shall be considered as exempting real estate from taxation or sale for taxes.

(2)No specific piece of property either real or personal, is exempt from levy or sale under execution issued upon a judgment rendered for the purchase money for the same property, and any sale of such property after the commencement of an action to recover the purchase price thereof, and the filing of notice as herein required, shall be null and void as against such an execution. The plaintiff in any such suit shall file or cause to be filed with the register of deeds of the county in which the owner of such property resides, a notice in which he shall state the time when such action was commenced, the amount claimed, that the suit was brought to recover the purchase money for the property, a description of the property, and the name of the defendant. At the time of filing such notice, the party filing the same shall pay to the register of deeds the fee authorized by law, and said register shall indorse upon such notice the date of filing the same and make the same record as in the case of a chattel mortgage.

History: 1961, Act 236, Eff. Jan. 1, 1963