351 of 1984 - Due-on-Sale Clauses (445.1621 - 445.1629)

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  4. 351 of 1984 - Due-on-Sale Clauses (445.1621 - 445.1629)

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Section
445.1621

Definitions.

Section
445.1622

Enforcement of Due-on-Sale Clause Generally.

Section
445.1623

Procedure Before Sale or Transfer of Property Securing Residential Window Period Loan Containing Due-on-Sale Clause; Fees; Grounds for Enforcement of Due-on-Sale Clause; Failure to Follow Procedure.

Section
445.1624

Amendment of Loan Contract; Rate of Interest; Monthly Payments of Principal and Interest; Execution, Delivery, and Effective Date of Amendment; Lien Priority; Extending Term of Loan.

Section
445.1625

Limitations on Enforcement of Due-on-Sale Clause During Term of Land Contracts or Second Mortgages.

Section
445.1626

Circumstances Under Which Enforcement Prohibited.

Section
445.1626a

Consent to Sale or Transfer of Real Property Subject to Residential Window Period Loan Containing Due-on-Sale Clause.

Section
445.1627

Contract for Sale or Transfer of Residential Property Subject to Mortgage; Provisions in Boldface Type.

Section
445.1628

Violation by Lender; Liability; Action to Recover Civil Fine; Prohibited Conduct by Licensee; Liability for Civil Fine; Revocation of License; Action for Declaratory Judgment or Injunction; Action for Actual Damages and Attorneys' Fees.

Section
445.1629

Effective Date.