Property: land sales; prohibition of purchase of residential property by certain businesses; modify. Amends secs. 3 & 7 of 2026 PA 32 (MCL 125.853 & 1125.857).

In Plain Language

This bill would change the rules on buying residential property by certain businesses. It modifies an existing law that prohibits some businesses from purchasing homes. The summary does not give any other details about what changes are made.

Official summary

Sponsor

Bryan Posthumus (Republican-90)

Cosponsors

None listed

Latest action

transmitted

Aug 26, 2026

Official source

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Action history

Aug 26, 2026 transmitted

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