Form DC101 Forfeiture Notice, Land Contract - Michigan

What Is Form DC101?

This is a legal form that was released by the Michigan District Court - a government authority operating within Michigan. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is a Form DC101 Forfeiture Notice, Land Contract?
A: Form DC101 is a document used in Michigan to initiate the forfeiture process on a land contract when the buyer has failed to make required payments.

Q: When should I use Form DC101?
A: You should use Form DC101 if you are a seller in a land contract agreement and the buyer has defaulted on their payments.

Q: How do I fill out Form DC101 Forfeiture Notice, Land Contract?
A: You need to provide information such as the name of the parties involved, property description, and details of the defaulting buyer.

Q: What happens after I file Form DC101?
A: After filing Form DC101, the buyer will have a specific period to cure the default by making the required payments. If they fail to do so, the forfeiture process can proceed.

Q: Can I evict the buyer immediately after filing Form DC101?
A: No, filing Form DC101 does not grant immediate eviction rights. It starts the process, but specific legal procedures must be followed to legally evict the buyer.