Posted by Michael Morrongiello on June 25, 2001 at 21:53:02:
I don’t believe it is a statutory requiremen to record a land contract instrument in Michigan. I am also not sure you want to record such an instrument anyway as it allows your affairs to become public knowlege.
A better way to represent that you have an interest in the Real Property is to have a “memorandum of interest” or some similar type document executed and recorded. This will serve to put the world on notice that you in fact have an interest without necessarily dislcosing the specific terms and conditions of your purchase or sale as the case may be.
To your success,
Michael Morrongiello