{"data":{"id":"us-mi/mich.-comp.-laws-124.756","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 124.756","heading":"Preservation of property value.","body":"Sec. 6.\n\nAn authority may, without the approval of a local unit of government in which property held by the authority is located, control, hold, manage, maintain, operate, repair, lease as lessor, secure, prevent the waste or deterioration of, demolish, and take all other actions necessary to preserve the value of the property it holds or owns. An authority may take or perform the following with respect to property held or owned by the authority:\n\nGrant or acquire a license, easement, or option with respect to property as the authority determines is reasonably necessary to achieve the purposes of this act.\n\nFix, charge, and collect rents, fees, and charges for use of property under the control of the authority or for services provided by the authority.\n\nPay any tax or special assessment due on property acquired or owned by the authority.\n\nTake any action, provide any notice, or institute any proceeding required to clear or quiet title to property held by the authority in order to establish ownership by and vest title to property in the authority, including, but not limited to, an expedited quiet title and foreclosure action under section 9.\n\nRemediate environmental contamination on any property held by the authority.\n\nAn authority shall be made a party to and shall defend any action or proceeding concerning title claims against property held by the authority.\n\nSubject to subsection (4), an authority may accept from a person with an interest in a parcel of tax delinquent property or tax reverted property a deed conveying that person's interest in the property in lieu of the foreclosure or sale of the property for delinquent taxes, penalties, and interest levied under the general property tax act, 1893 PA 206, MCL 211.1 to 211.157, or delinquent specific taxes levied under another law of this state against the property by a local unit of government or other taxing jurisdiction.\n\nAn authority may not accept under subsection (3) a deed in lieu of foreclosure or sale of the tax lien attributable to taxes levied by a local unit of government or other taxing jurisdiction without the written approval of all taxing jurisdictions and the foreclosing governmental unit that would be affected. Upon approval of the affected taxing jurisdictions and the foreclosing governmental unit, all of the unpaid general ad valorem taxes and specific taxes levied on the property, whether recorded or not, shall be extinguished. The authority shall record proof of the acceptance by the affected taxing jurisdictions under this subsection and the deed in lieu of foreclosure with the register of deeds for the county in which the property is located.\n\nExcept as provided in subsection (4), conveyance of property by deed in lieu of foreclosure under this section shall not affect or impair any other lien against that property or any existing recorded or unrecorded interest in that property, including, but not limited to, future installments of special assessments, liens recorded by this state, or restrictions imposed under the natural resources and environmental protection act, 1994 PA 451, MCL 324.101 to 324.90106, easements or rights-of-way, private deed restrictions, security interests and mortgages, or tax liens of other taxing jurisdictions or a foreclosing governmental unit that does not consent to a release of their liens.\n\nA tax lien against property held by or under the control of an authority may be released at any time by 1 or more of the following:\n\nThe governing body of a local unit of government with respect to a lien held by the local unit of government.\n\nThe governing body of any other taxing jurisdiction other than this state with respect to a lien held by the taxing jurisdiction.\n\nA foreclosing governmental unit with respect to a tax lien or right to collect a tax held by the foreclosing governmental unit.\ny 1 or more of the following:\n\nThe governing body of a local unit of government with respect to a lien held by the local unit of government.\n\nThe governing body of any other taxing jurisdiction other than this state with respect to a lien held by the taxing jurisdiction.\n\nA foreclosing governmental unit with respect to a tax lien or right to collect a tax held by the foreclosing governmental unit.\n\nThe state treasurer with respect to a tax lien securing the state education tax under the state education tax act, 1993 PA 331, MCL 211.901 to 211.906.","path":["MI Code","Chapter 124","Act Act-258-of-2003"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-124-756","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"40ef211e52eb3510f889bb55d6de536299d190d37794433e8bb1771006c61599","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-124.755","next":"us-mi/mich.-comp.-laws-124.757"},"notice":"GroundRules: Original legal text. Not legal advice."}