Michigan Senate Bill SB0528

Michigan 2025-2026 Regular Session

• Introduced: 9/4/25
• Refer: 9/4/25

Caption

Civil procedure: foreclosure; public sale of property being foreclosed by advertisement; allow to be held virtually. Amends secs. 3216 & 3220 of 1961 PA 236 (MCL 600.3216 & 600.3220). TIE BAR WITH: SB 527'25

Impact

If enacted, SB 528 would revise sections 3216 and 3220 of the existing law. These changes mean that foreclosures could no longer be limited to in-person sales but could also happen virtually, which may cater to a broader audience of bidders. The bill aims to provide clarity around the procedural requirements, such as ensuring timely payments and the process of adjournments of sales, which would enhance the efficiency of the foreclosure process. This change is expected to positively impact the real estate market by potentially increasing buyer engagement in foreclosure sales.

Summary

Senate Bill 528 aims to amend the Revised Judicature Act of 1961, specifically focusing on the procedures for the public sale of foreclosed properties. The proposed amendments would allow such sales to be conducted both in-person and online, adhering to strict time frames and ensuring that the online platforms used are secure and accessible. This shift to allow online sales is intended to modernize the foreclosure process and provide more options for participation from potential bidders, which supporters argue could result in more competitive bidding and better outcomes for sellers and buyers alike.

Contention

While SB 528 aims to streamline the foreclosure process, there may be contention around the implications of allowing online sales. Critics may voice concerns that this could introduce complexities and risks, especially regarding the security and reliability of online platforms. There may also be worries regarding the ability of all interested parties to access these platforms equally, as some may lack the technological resources or knowledge to participate effectively online. Furthermore, these changes are tied to Senate Bill 527, making the enactment of SB 528 contingent on the passage of related legislation, which could lead to further debate on both bills.