SB1125 — Housing: residential; limitations on rental property owned by certain businesses; provide for. Amends title of 1972 PA 284 (MCL 450.1101 - 450.2098) & adds sec. 262. TIE BAR WITH: SB 1127'26

SB1125 — Housing: residential; limitations on rental property owned by certain businesses; provide for. Amends title of 1972 PA 284 (MCL 450.1101 - 450.2098) & adds sec. 262. TIE BAR WITH: SB 1127'26 · Informed CitizenryThis bill amends the Business Corporation Act to restrict private equity firms from leasing single-family homes to residential tenants under specific ownership conditions. A private equity firm is…Open in Informed Citizenry