Kent County Land Bank’s handling of abandoned properties upheld by state Court of Appeals
The following is an excerpt:
GRAND RAPIDS, MI – The state court of appeals has upheld the Kent County Land Bank Authority’s practice of bypassing a county-run auction to sell abandoned property on the open market.
The ruling affirms Kent County Circuit Judge George Buth’s decisions to throw out lawsuits brought against the land bank by a group of investors and landlords.
The Rental Property Owners Association of Kent County and several investors claimed they were denied the opportunity to bid on the properties that went into foreclosure after their owners failed to pay property taxes for two years.