The mortgage crisis created a lot of problems in the last several years, one of those problems was the flooding of Register of Deeds offices with documents concerning real property – sheriff deeds related to foreclosures, assignments of mortgages after sub-prime lenders went out of business, etc… With this increase in filing came an increase in documents with errors.
How to fix these errors has been a matter of uncertainty.
The legislature passed a simple bill, HB 4928 to “simplify the process of correcting certain minor errors”. A section is added to Public Act 123 of 1915 to allow affidavits to correct errors or omissions in previously recorded documents (MCL 565.451(d).
See the Enacted Bill at http://www.legislature.mi.gov/documents/2011-2012/publicact/pdf/2012-PA-0336.pdf
Also, for a review of the legislative analysis: http://www.legislature.mi.gov/documents/2011-2012/billanalysis/House/pdf/2011-HLA-4928-1.pdf
Purpose Driven General Counsel 