The Michigan Supreme Court ruled that counties may not keep for themselves as a windfall funds left over from the sale of real property for unpaid taxes, an unconstitutional practice the property owner’s lawyers denounce, calling it “home equity theft.”
According to the Pacific Legal Foundation (PLF), a public interest law firm headquartered in Sacramento, California, that represented the property owner, the decision may be good news for property owners in Michigan, but there are still 12 other states in the country that allow similar practices, including Arizona, Colorado, Massachusetts, and Nebraska.
