Mich. Comp. Laws § 455.109: Lots and plots; tax assessment; sale for taxes, association as purchaser.

Sec. 9.

All lots or plots sold shall be assessed and taxed to the owners and holders thereof, and sold in default of the payment of taxes, in like manner as provided by law for the taxation and sale of other real estate; and in case of any such sale the trustees of the association may purchase such lots or plots upon the same terms and conditions, and with like effect as in case of individual or other bidders.