{"data":{"id":"us-mi/mich.-comp.-laws-570.592","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 570.592","heading":"Partial payment of lien claim; partial satisfaction and release of lien; form.","body":"Sec. 12.\n\n(1) If a claim of lien recorded under this act has been partially paid, the real estate broker shall provide a partial satisfaction and release of lien in the form provided in subsection (2) within 5 days after written demand by the owner of record or the owner's agent.\n\n(2) A partial satisfaction and release of lien under this section shall meet the requirements of 1937 PA 103, MCL 565.201 to 565.203, and be in substantially the following form:\n\nPARTIAL SATISFACTION AND RELEASE OF LIEN\n\nPARTIAL SATISFACTION AND RELEASE OF LIEN\n\nThe claimant named below is the claimant under a claim of commercial real estate broker's lien recorded on ____________ [date] in the office of the register of deeds of _______________ County, Michigan, at Liber _________, Page _________ on the following described property:\n\n[Legal description]\n\n[Legal description]\n\nThe claimant has been paid $_____________, a portion of the amount of the lien. The remaining amount of the lien is $______.\n\nTherefore, the claimant, for and in consideration of the payment, waives, to the extent of the payment, the claim of or right to a lien under the commercial real estate broker's lien act against the property described above, the building or buildings on the property, and the tenant spaces in the building or buildings.\n\n[Name of Claimant] By:________________________ Its Authorized Agent Signed and sworn to before me in ____________ County, Michigan, on ________________, ______[year]. _______________________________ [Notary's name, county, acting in county, state, and date commission expires] Prepared By: Return To:\n\n[Name of Claimant]\n\nBy:________________________\n\nIts Authorized Agent\n\nSigned and sworn to before me in ____________ County, Michigan, on ________________, ______[year].\n\n_______________________________\n\n[Notary's name, county, acting\n\nin county, state, and date\n\ncommission expires]\n\nPrepared By:\n\nReturn To:","path":["MI Code","Chapter 570","Act Act-201-of-2010"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-570-592","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"2dd4fcf4cf220d02829be6a24e6e1aa8d4def1b3293919bd12cc2491e0e801f0","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-570.591","next":"us-mi/mich.-comp.-laws-570.593"},"notice":"GroundRules: Original legal text. Not legal advice."}
