In 2018, the Michigan Legislature amended the Marketable Record Title Act (“MRTA”), MCL 565.101, et seq. Under the MRTA, a person has Under the Act, a person has marketable title to an interest in land if they have an unbroken chain of title to the interest for 40 years (20 years for mineral interests). According to the language of the MRTA itself, the legislative purpose of the MRTA is to simplify and facilitate land title transactions by allowing persons dealing with the record title owner to rely on the record title covering a period of not more than 20 years for mineral interests and 40 years for other interests unless within the 20-year period for mineral interests or the 40-year period for other interests a “notice of claim” a has been recorded in the chain of title. MCL 565.106. Read the entire article……………………………….
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