Michigan HB4524 revises the Marketable Record Title Act to clarify the conditions under which a marketable record title can be established.

Michigan HB4524 amends the Marketable Record Title Act to establish that a person with an unbroken chain of title to an interest in land for 20 years for mineral interests and 40 years for other interests is considered to have a marketable record title. The act outlines the requirements for recording notices of claim to preserve certain interests, claims, or charges on land. It specifies that certain interests, such as those related to environmental conditions or public utilities, are not extinguished by this act.

Michigan HB4524 revises the Marketable Record Title Act to clarify the conditions under which a marketable record title can be established.

Michigan HB4524 amends the Marketable Record Title Act to establish that a person with an unbroken chain of title to an interest in land for 20 years for mineral interests and 40 years for other interests is considered to have a marketable record title. The act outlines the requirements for recording notices of claim to preserve certain interests, claims, or charges on land. It specifies that certain interests, such as those related to environmental conditions or public utilities, are not extinguished by this act.