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vzudell

Guest
What is the name of your state? Michigan
What happens to deed restrictions when a property is foreclosed upon and interests are returned to the state that they were before they were placed upon the property. The foreclosing institution was issued a sheriff's deed which specifically state that all interests and estates were to be returned to the lending institution, it's assigns and heirs FOREVER, to the state they were on the date of the mortgage. Common sense says that the deed restrictions placed on this property after the date of this mortgage would be extinguished. What does Michigan Law say on this?
 
Last edited:


HomeGuru

Senior Member
vzudell said:
What is the name of your state? Michigan
What happens to deed restrictions when a property is foreclosed upon and interests are returned to the state that they were before they were placed upon the property. The foreclosing institution was issued a sheriff's deed which specifically state that all interests and estates were to be returned to the lending institution, it's assigns and heirs FOREVER, to the state they were on the date of the mortgage. Common sense says that the deed restrictions placed on this property after the date of this mortgage would be extinguished. What does Michigan Law say on this?

**A: the deed restrictions remain unless specified in the restriction.
 

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