Mich. Comp. Laws § 213.72: Lease, sale, or conveyance of property; terms; record.

Sec. 22.

If property is acquired by an agency, the agency may lease, sell, or convey any portion not needed, on whatever terms the agency considers proper. A record of the leases and sales, showing the appraised value, the sale price, and other pertinent information, shall be kept in the office of the agency.