<span style="font-size: larger;">Under Michigan law land banks aren&rsquo;t suppose to buy reverted property until after market buyers have had a chance to purchase them at tax auctions. However the law allows local governments to purchase delinquent and abandoned properties before the the tax auctions.</span><br />
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<span style="font-size: larger;">It would appear local governmental units have used he law to bend its original intent.</span><br />
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<span style="font-size: larger;">For an article on the practice that some governmental entities have gotten into click on the following link:</span><br />
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<a href="http://www.michigancapitolconfidential.com/18990"><span style="font-size: larger;">http://www.michigancapitolconfidential.com/18990</span></a><br />