Michigan SB0688 updates the citation for development rights agreements and easements for farmland and open space.

Michigan SB0688 amends the citation for development rights agreements and easements for farmland and open space. The bill specifies that the state or local governing body cannot dispose of these agreements or easements without the owner's agreement. It also clarifies that these agreements do not supersede prior liens, leases, or interests recorded with the county register of deeds. The state must subordinate its interest in a recorded agreement or easement to a subsequently recorded mortgage lien, lease, or interest if certain conditions are met.

Michigan SB0688 updates the citation for development rights agreements and easements for farmland and open space.

Michigan SB0688 amends the citation for development rights agreements and easements for farmland and open space. The bill specifies that the state or local governing body cannot dispose of these agreements or easements without the owner's agreement. It also clarifies that these agreements do not supersede prior liens, leases, or interests recorded with the county register of deeds. The state must subordinate its interest in a recorded agreement or easement to a subsequently recorded mortgage lien, lease, or interest if certain conditions are met.