Michigan Laws 600.2811 – Recording discharge or partial discharge of judgment lien
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Terms Used In Michigan Laws 600.2811
- Judgment: means a final judgment of 1 of the following:
(i) A court of record of this state. See Michigan Laws 600.2801Judgment lien: means an encumbrance in favor of a judgment creditor against a judgment debtor's interest in real property, including, but not limited to, after acquired property. See Michigan Laws 600.2801 Lien: A claim against real or personal property in satisfaction of a debt.
Within 28 days after payment in full of the amount due on a judgment that is the basis for a judgment lien, the judgment creditor or the judgment creditor’s attorney shall record a discharge of judgment lien with the office of the register of deeds where the judgment lien is recorded. If payment on a judgment lien is made from the judgment debtor’s equity as described in section 2807(3) and is not payment in full of the amount due on the lien, the judgment creditor or the judgment creditor’s attorney shall record a partial discharge of judgment lien for the amount paid.