Michigan Compiled Laws, Chapter 554. Real and Personal Property § 554.977

Sec. 77. (1) A person that offers or sells a continuing care agreement in violation of section 15 or 55  1 or an order issued under section 69  2 is liable to the person executing the continuing care agreement for all of the following:

(2) A person may not file or maintain an action under this section if, before filing the action, the person received an offer of rescission approved by the department to refund the entrance fee together with interest at 6% per year from the date of purchase less the reasonable cost of continuing care provided until discovery, and the member failed to accept the offer within 30 days after its receipt. When a continuing care community makes written offer of rescission, the continuing care community shall file a copy with the department. The rescission offer shall recite the provisions of this section.