Requires seller disclosure statement to include upcoming municipal assessments or fees.
Michigan SB1082 amends the seller disclosure statement to require sellers to disclose any upcoming municipal assessments or fees. This addition aims to provide buyers with comprehensive information about potential future costs associated with the property. The bill ensures that sellers must include this information when providing the disclosure statement to prospective buyers.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.