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STANDARD FEDERAL SAVINGS BANK v. GENESEE CTY.

Docket No. 159462.

208 Mich. App. 569 (1995)

528 N.W.2d 793

STANDARD FEDERAL SAVINGS BANK v. GENESEE COUNTY

Michigan Court of Appeals.

Decided February 6, 1995, at 9:45 A.M.

Attorney(s) appearing for the Case

Mason, Steinhardt, Jacobs & Perlman (by Jonathan B. Frank), for the petitioner.

Richard M. Barron, for the respondent.

Frank J. Kelley, Attorney General, Thomas L. Casey, Solicitor General, and Thomas J. Emery and Roland Hwang, Assistant Attorneys General, for the Attorney General.

Before: DOCTOROFF, C.J., and T.G. KAVANAGH and R.C. LIVO, JJ.

DOCTOROFF, C.J.

In this case of first impression, we decide at what point in time the payment of an additional penalty of fifty percent of the tax upon which foreclosure was made becomes necessary in order to redeem property pursuant to MCL 211.131e(3); MSA 7.190(3)(3). We hold that payment of the penalty under MCL 211.131e(3); MSA 7.190(3)(3) is necessary upon expiration of the redemption period set forth in MCL 211.131c(1); MSA 7.190(1)(1), as extended by MCL 211...

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