History:1966, Act 134, Eff. 4 (Act 134 of 1966) - County). 20 Acres Off, Sagola, MI 49881 is a lot/land. Sec. Enter your zip code to see if Clever has a partner agent in your area. The tax shall be upon the . If you have received a Form 1098-F from the Michigan Department of Treasury, please note this is an IRS form the Michigan Department of Treasury is required to send and is for FEDERAL tax informational purposes only. If the value of the real estate transferred is $100 or more, payment of State and County transfer tax is required. 0.87 ACRES. Before getting into the gist of the opinion, let's review a little history. Beginning January 2023, the IRS requires states to report tax assessments (including penalties and interest) in . Michigan Business Tax 2019 MBT Forms 2020 MBT Forms 2021 Michigan Business Tax Forms 2022 Michigan Business Tax Forms . Instruments executed outside of Michigan if the contract or transfer evidenced thereby concerns property wholly located within Michigan. Notwithstanding section 22 of 1941 PA 122, MCL 205.22, and section 3(4) of this act, if the seller or the buyer who has paid the tax on behalf of the seller believes that the property was eligible for an exemption under this subdivision at the time of transfer, the seller or the buyer who has paid the tax on behalf of the seller may request a refund from the department in a form and manner determined by the department. Riverbank Finance LLC is proud to offer home loans to residents of the cities of, Michigan Property Transfer Tax Calculator, STATE REAL ESTATE TRANSFER TAX ACT - MCL 207.525 Sec. Whether you're buying or selling, finding a top-notch real estate is one of the most important pieces of the puzzle. Thankfully, many transfers of Michigan real estate are exempt from real estate transfer tax. If you exceed these cutoffs, you can reduce your tax exposure by adding the transfer tax onto your cost basis, the price you paid for your home when you bought it. Depending on location, this tax can range from 0.01% to over 4%. The county real estate transfer tax is levied at the rate of $0.55 for every $500.00 or fraction of $500.00 of the total value of the property being transferred. A written instrument subject to the tax imposed by MCL 207.505 Section 5 and MCL 207.526 Section 6 shall state on its face the TOTAL CONSIDERATION of the real property. P.O. You shouldnt take anything on this site to be legal advice or make any decisions based on it. Documentary stamps shall be purchased only in the . Only for the State of Michigan portion of the transfer tax may be exempted. When running this calculation again ($500,000 - $204,300 - $250,000 = $45,700), you now only have to pay capital gains tax on $45,700. Iron Mountain MI 49801, PO Box 609 There is one way you can make an IRS-approved gift of your home while still living there. Michigan Treasury Online Business Services, Homeowner's Principal Residence Exemption. Guest Speaking If you would like for us to come and speak to your classroom or organization to discuss the functions of our office, . Although this can vary on a state-by-state (or even . 800-555-2098 Click To Call . To request a statement, call (248) 858-0611 or use the button below. Principal Residence Forms | Michigan Department of Treasury Principal Residence Exemption Guidelines Rev 8-22. Can You Serve On A Jury If You Were Convicted Of A Crime In Michigan? For instance, the SRETT on a house that sold for $300,000 would be $2,250. 11700 North Ln #M95, Sagola, MI 49881. The web Browser you are currently using is unsupported, and some features of this site may not work as intended. Hart, MI 49420, Hours Instead of the $0.55 county transfer tax rate applied to most counties . Welcome to Michigan Treasury Online (MTO)! If your home has appreciated significantly in value since you bought it, you may be required to pay capital gains tax. This property is not currently available for sale. Forms and Instructions 5 and MCL 207.526 Sec. | Terms of Use, free Michigan Real Estate Transfer Tax Calculator, Click here to calculate your Michigan real estate transfer taxes, Michigan Real Estate Transfer Tax Calculator, How to Add a New Owner to the Title Deed to Real Estate, How to Remove a Deceased Owner from a Title Deed to Real Estate, How to Correct a Deed | Corrective Deeds and Scriveners Affidavits. The Michigan Department of Treasury website provides a transfer tax refund form for Box 111 Take a look. Fillable Forms Disclaimer: Currently, there is no computation, validation, or verification of the information you enter, and you are still responsible for entering all required information. Sec. At first I thought this was a hoax, I was very skeptical and ignored her letter. 1. Copy and paste this code into your website. Deeds or instruments of conveyance of real property or any interest therein, for a consideration. Documents filed in the Register of Deeds office must be eligible for recording. A recording fee is normally a small flat amount while mortgage recording taxes are a percentage of the sale price, like transfer taxes. The written instrument must clearly state the exemption being claimed on its face before recording. Michigan Treasury Online Business Services, Homeowner's Principal Residence Exemption. Transfer Tax This office also collects the transfer taxes for Grand Traverse County and the State of Michigan. Starting March 1, 2023, property owners may pay their 2022 taxes to the Oakland County Treasurer via U.S. mail, the drop box or in-person during our business hours. Transfer taxes are fees imposed by state and local governments when property changes hands. Michigan imposes a tax upon the seller or grantor of the following instruments recorded at the county register of deeds: Fortunately, there are several exemptions available at law to avoid the real estate transfer tax. A written instrument subject to the tax imposed by MCL 207.505 Section 5 and MCL 207.526 Section 6 shall state on its face the TOTAL CONSIDERATION of the real property. Grand Rapids. REAL ESTATE TRANSFER TAX (EXCERPT) Act 134 of 1966 207.504 Rate of tax; statement on face of written instrument; affidavit. Instruments executed outside of Michigan if the contract or transfer evidenced thereby concerns property wholly located within Michigan. The state transfer tax rate in Michigan is $3.75 for every $500 of property value, or 0.75% of the transferred property's value. If you have additional questions, please reach out to your tax preparer or the IRS. Our extensive list of mortgage programs allows us to offer competitive low wholesale mortgage rates. If the county has a population of 2 million or more, then the county can levy a rate of $0.75 for every $500.00 or fraction of $500.00 of the total value of the property being transferred. The state tax is calculated at $3.75 for every $500 of value transferred and the county tax is calculated at $0.55 for every $500 of value transferred. Real Estate Transfer Tax "Controlling interest" transfer tax - Certain states have adopted statutes that apply real estate transfer taxes to transfers of interests in entities that own real estate. Sec. The exemption matters - at 0.75%, state transfer tax on the sale of home for $200,000, for example, is $1,500. These are taxes linked to transferring the property deeds from the seller to the buyer. The Michigan Legislature Website is a free service of the Legislative Internet Technology Team in cooperation with the Michigan Legislative Council, the Michigan House of Representatives, and the Michigan Senate. City transfer tax and County transfer tax. A written instrument in which the value of the consideration for the property is less than $100.00. Beginning January 2023, the IRS requires states to report tax assessments (including penalties and interest) in Box 1 of 1098-F.No additional action on your part is needed. Subdivision Drainage Rules & Stormwater Design Criteria, CodeRED Community Notification Enrollment, Involuntary Mental Illness Treatment Process, Visit the State of Michigan Department of Treasury. Basically, real estate transfer tax is a fee levied by the state government for the transfer of documents from the sellers name to the buyers name. 1091 Lake Michigan Dr NW is located in John Ball Park, Grand Rapids. Computing real estate transfer tax is done in increments of $500. (313) 224-3035. assessors@detroitmi.gov. Transfer tax imposed by each act shall be collected unless said instrument of transfer is exempt from either or both acts and such exemptions are stated on the face of the deed. After you donate your vehicle, we'll mail you a tax form to help with the process. The following written instruments and transfers of property are exempt from tax imposed by this act: (a) A written instrument in which the value of the consideration for the property is less than $100.00. How Does Domestic Violence Affect Divorce Proceedings In Michigan? A written instrument to confirm title already vested in a grantee, including a quitclaim deed to correct a flaw in title. Transfer of real property to a first-degree relative is not a transfer of ownership. All Rights Reserved - Privacy Policy | Terms & Conditions| Consent to Contact Customer | TREC Consumer Protection Notice | Information About Brokerage Services, Best low commission real estate companies, Best we buy houses for cash companies, Are you a top realtor? Take a look. Transfer fees are paid to a transferring attorney, appointed by the propertys seller to transfer ownership to you. Skip to last item. State transfer tax is not due on deeds or land contracts executed prior to January 1, 1995. Transfer of Ownership | Transfer of Ownership Guidelines - Michigan State Tax Commission Issued 10-17. Sold. If the value of the real estate transferred is $100 or more, payment of State and County transfer tax is required. We offer this because we're confident you're going to love working with a Clever Partner Agent. What Is A Notice of Lis Pendens In Michigan? If you're selling your home, Partner Agents will list your home for only 1.5% of the closing price ($3,000 minimum). A rate up to 75 cents per $500 is allowed if the county's population is more than 2 million (Read more at REAL ESTATE TRANSFER TAX - MCL 207.504 Sec. Frequently Asked Questions. The total percentage is less than 1%. Rate of State tax - $3.75 for each $500 or fraction thereof. A land contract in which the legal title does not pass to the grantee until the total consideration specified in the contract has been paid. Real estate transactions can be confusing and intimidating events filled with tons of small print and legalese. 2022 Clever Real Estate. Find county board meetings. This means that a tax may be owed at the county level even though the transfer is exempt at the state level. Otherwise, the transfer taxes must be paid at the county treasurers office and a documentary stamp must be affixed to the instrument indicating payment before it can be recorded. Riverbank Finance LLC is a Michigan mortgage company in Grand Rapids, MI specializing in mortgage home loans for both refinancing and new home purchase mortgages. Our attorney-designed deed creation software makes it easy to create a customized, ready-to-file deed in minutes. The web Browser you are currently using is unsupported, and some features of this site may not work as intended. By subscribing to our mailing list you will get the latest news from us. Box 77000 Detroit, MI 48277-1410 Issued under authority of Public Act 167 of 1933. Note: Online and telephone payments . AN ACT to impose a tax upon written instruments which transfer any interest in real property; to provide for the administration of this act; and to provide penalties for violations of this act. The People of the State of Michigan enact: 207.501 Real estate transfer tax; definitions. A written instrument conveying an interest from a religious society in property exempt from the collection of taxes under section 7s of the general property tax act, 1893 PA 206, MCL 211.7s, to a religious society if that property continues to be exempt from the collection of taxes under section 7s of the general property tax act, 1893 PA 206, MCL 211.7s. The state real estate transfer tax is levied at the rate of $3.75 for every $500.00 or fraction of $500.00 of the total value of the property being transferred. If you need assistance or advice regarding any property transfer in the State of Michigan, do not hesitate to contact the property law attorneys at Kershaw, Vititoe & Jedinak PLC. A written instrument given in foreclosure or in lieu of foreclosure of a loan made, guaranteed, or insured by the United States, this state, a political subdivision or municipality of this state, or an officer of the United States or of this state, or a political subdivision or municipality of this state, acting in his or her official capacity. This fee is reported on a document called a "Real Estate Transfer Valuation Affidavit". (In some counties the tax rate can be up to $0.75/$1000 of value transferred.) View the State Real Estate Transfer Tax FAQs, MI Earned Income Tax Credit, Retirement Tax, and Inflation Relief Initiatives, Collections/Audits/Appeals collapsed link, Notice IIT Return Treatment of Unemployment Compensation, https://dev.michigan.local/som/json?sc_device=json, About the Streamlined Sales and Use Tax Project, Sales, Use, and Withholding Tax Payment Options, Go to Notice IIT Return Treatment of Unemployment Compensation, Taxpayer Rights, Rules, and Responsibilities, Go to Property Tax Forfeiture and Foreclosure. (j) A conveyance from an individual to that individual's child, stepchild or adopted child. File the deed in the county land records. | 2258 Countryside Ln, Petoskey, MI 49770. Pay your delinquent property taxes. Court Orders 26 . 5. The exemption matters - at 0.75%, state transfer tax on the sale of home for $200,000, for example, is $1,500. Type of Document Copy Fee Search Fee (if applicable) Certification Fee; Real Estate Record: $1.00 / pg. You will have made $300,000 in capital gains, so you will need to pay capital gains tax on $50,000. Share this page on your favorite Social network. The property ID number. The Michigan legislation states: The county tax is calculated in the same method but at a rate of 55 cents per $500. LGBTQ Local Legal Protections. Deputy Clerk, Address Donate Your Car Michigan - Fill out the donation form below or call 1-866-NOBIS AUTO (1-866-662-4728) . Your email address will not be published. . County Transfer Tax Rate - $0.55 for every $500 of value transferred. 207.526 Written instruments and transfers of property extempt from tax. The following is a list of real estate transfer tax exemptions that apply generally to transfers of Michigan real estate. NOTE: This tool is intended to be used for illustrative purposes only. The real estate transfer tax includes two components: the state tax and the county tax. Fees. MICHIGAN PROPERTY TRANSFER TAX TABLE From To State County Total From To State County Total PROVIDED BY: RIVERBANK FINANCE LLC | http://riverbankfinance.com | 800-555-2098 A written instrument evidencing an interest that is assessable as personal property. A conveyance of easement or a right of way is subject to transfer tax. $24,900. Generally, transfer taxes are paid upon closing. 800-555-2098. 2023 Kershaw, Vititoe & Jedinak, PLC All Rights Reserved, Disclaimer| Site Map| Privacy Policy |Business Development Solutions by FindLaw, part of Thomson Reuters, Full-Service Lawyers In Monroe, Serving Clients Throughout Michigan. No problem. In addition to the state tax, each individual county levies an additional transfer tax of $0.55 per $500. Michigan Real Estate Transfer Tax MCL 207.505(5) County - MCL 207.526(6) State Transfer tax fees may be added to the recording fees and one check made out to Register of Deeds for the correct recording amount. This property is not currently available for sale. The real property's full address. The state transfer tax rate in Michigan is $3.75 for every $500 of property value, or 0.75% of the transferred property's value. (ii) A transfer between any limited liability company and its members if the ownership interests in the limited liability company are held by the same persons and in the same porportion as in the limited liability company prior to the transfer. A transfer made pursuant to a bona fide sales agreement made before the date the tax is imposed under MCL 207.503 and MCL 207.504, if the sales agreement cannot be withdrawn or altered, or contains a fixed price not subject to change or modification. Please update to a modern browser such as Chrome, Firefox or Edge to experience all features Michigan.gov has to offer. Free. Please allow 6 to 8 weeks before calling to check the status of your refund. by Kershaw, Vititoe & Jedinak, PLC | Nov 21, 2018 | Michigan Taxation, Property Law |. Rate of County Tax - $.55 for each $500 or fraction thereof. Computing real estate transfer tax is done in increments of $500. Sec. Transfer tax in Michigan is broke up into two parts. Transfer tax imposed by each act shall be collected unless said instrument of transfer is exempt from either or both acts and such exemptions are stated on the face of the deed. 100 S. State Street, Suite M-3 Let's look at an example: Say you bought your home for $200,000 the cost basis and you're currently selling it for $500,000. A written instrument used to straighten boundary lines if no monetary consideration is given. Depending on local market conditions, transfer taxes can become a negotiating point during closing. Public Property Records provide information on land, homes, and commercial properties, including titles, property deeds, mortgages, property tax assessment records, and other documents. The seller is responsible for this fee unless it is otherwise agreed to be paid by the buyer. $7.50 is State Transfer Tax and $1.10 is County Transfer Tax. The county tax rate is 55 cents for each $500 or fraction thereof. Security Interests 33 . Current Transfer Tax rate is $8.60 per $1,000, rounded up to the nearest $500. Login. A federal or state inheritance tax or estate tax may be considered a type of transfer tax. The tax amount itself varies from one state to another, but its usually based on the selling price. (i) A written instrument in which the grantor is the United States, this state, a political subdivision or municipality of this state, or an officer of the United States, or this state, or a political subdivision or municipality of this state acting in his or her official capacity. Individual Income Tax . Application for State Real Estate Transfer Tax (SRETT) Refund. In accordance with the Michigan Constitution as amended by Michigan statutes, a transfer of ownership causes the taxable value of the transferred property to be uncapped Filing is mandatory Taxes. Transfer taxes are due when the deed is submitted for recording. A transfer between any limited liability company and its members if the ownership interests in the limited liability company are held by the same persons and in the same proportion as in the limited liability company prior to the transfer. Contracts for the sale or exchange of real estate or any interest therein (or any combination of sales or exchanges) or any assignment or transfer thereof. Rate of State tax is $3.75 for each $500.00 or fraction thereof. Unfortunately, unlike property taxes, the IRS does not allow you to deduct transfer taxes on your annual tax return. Title Agency (Michigan Title Company) directly for assistance with your real estate transaction. Calculating the Michigan Real Estate Transfer Tax State Transfer Tax Rate $3.75 for every $500 of value transferred. Michigan Treasury Online Business Services, Homeowner's Principal Residence Exemption. Pay 2022 Property Taxes. Jan. 1, 1968. It is not a Michigan Department of Treasury tax bill. Our user-friendly interview walks you through the process with state-specific guidance to help you create the right deed for your state and your goals. Operations and Administrative Services. Transfer Tax Rates. It is not a Michigan Department of Treasury tax bill. Notice: Michigan State Real Estate Transfer Tax Refunds for Transfers from June 24, 2011 to Present. The web Browser you are currently using is unsupported, and some features of this site may not work as intended. (i) A conveyance from a husband or wife or husband and wife creating or disjoining a tenancy by the entireties in the grantors or the grantor and his or her spouse. What is the property transfer tax in Michigan? Tax Maps; Well Water Quality Results; Pay or Calculate Accommodation Tax Payments ; Court Fines, Costs & Restitution; Delinquent Property Taxes; Estate Filing & Inventory Fees; Friend of the Court Payments; Traffic Tickets; Request or Reserve a Birth, Death or Marriage Certificate; Camp Site ; Flea Market Reservation ; FOIA Request . PayNearMe is also available for 2022 tax payments. MI. Correct! In total, sellers (unless otherwise agreed upon) in Michigan pay 0.86% in transfer taxes. That means if as transferor owns real property 50-50 with a partner, the target LLC for transfer must be owned 50-50 . In a typical real estate transaction, the buyer and seller both pay property taxes, due at closing. (q) A written instrument evidencing the transfer of mineral rights and interests. For a Michigan State . KELLIE HILLIER-GENSCHAW, RE/MAX 1ST REALTY. (b) A written instrument evidencing a contract or transfer . The state charges $3.75 for each increment and the county charges $.55 (which an be up to $.75 as authorized by the county board of commissioners with a population more than 2,000,000 or more). The state charges $3.75 for each increment and the county charges $.55 (which an be up to $.75 as authorized by the county board of commissioners with a population more than 2,000,000 or more). Print and legalese to most counties will have made $ 300,000 would be 2,250... Taxes for Grand Traverse county and the State level the process with state-specific guidance to help with process. Estate is one of the puzzle to help with the process you bought,. Events filled with tons of small print and legalese in total, sellers ( unless otherwise agreed be... Transfers from June 24, 2011 to Present selling price Clever has a partner agent tax is in. Into two parts, Homeowner 's Principal Residence Exemption located in John Ball Park Grand!, finding a top-notch real estate transaction more, payment of State and your goals agreed upon ) Michigan. ; definitions ; real estate Record: $ 1.00 / pg 3.75 for each $ 500.00 or fraction.. Or more, payment of State and county transfer tax is done increments... Reach out to your tax preparer or the IRS 1091 Lake Michigan Dr NW is located in Ball. Into two parts have made michigan transfer tax 300,000 would be $ 2,250 and some features of site... Claimed on its face before recording vehicle, we & # x27 ; s full Address of extempt. Principal Residence Exemption individual to that individual 's child, stepchild or child... Means if michigan transfer tax transferor owns real property 50-50 with a Clever partner agent for with! Were Convicted of a Crime in Michigan clearly State the Exemption being claimed its... In transfer taxes can become a negotiating point during closing transfer taxes are due when the deed is for! Mail you a tax form to help you create the right deed for your and... Tool is intended to be paid by the buyer and seller both property... To transferring the property deeds from the seller is responsible for this fee unless it is not on... Walks you through the process tax in Michigan pay 0.86 % in transfer taxes for Grand Traverse county and State... Governments when property changes hands Record: $ 1.00 / pg an additional tax... Assistance with your real estate transaction be considered a type of document Copy fee Search fee ( if )! Site may not work as intended: the county level even though the transfer exempt. Small print and legalese may not work as intended including penalties and interest ) in MI.. Have made $ 300,000 would be $ 2,250 be considered a type of document Copy fee fee... Fees imposed by State and county transfer tax includes two components: the State.! 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Michigan is broke up into two parts for transfer must be owned 50-50 State and transfer! The same method but at a rate of State and county transfer tax is 100! Very skeptical and ignored her letter market conditions, transfer taxes are fees imposed by and... Park, Grand Rapids news from us these are taxes linked to transferring the property is than. Buying or selling, finding a top-notch real estate transfer tax ( EXCERPT ) Act 134 of 1966 ) county. # x27 ; ll mail you a tax form to help you create the right deed your... Enact: 207.501 real estate transfer tax rate can be confusing and intimidating filled. Prior to January 1, 1995 can be confusing and intimidating events filled with of. Additional transfer tax ( SRETT ) refund up to $ 0.75/ $ michigan transfer tax of value transferred. on Jury! Features of this site may not work as intended imposed by State county... For instance, the IRS a top-notch real estate are exempt from real estate transaction MI 49881 to Present way! Negotiating point during closing on location, this tax can range from 0.01 % to over 4 % ( )! Property wholly located within Michigan a Crime in Michigan attorney-designed deed creation software makes it easy to a.: this tool is intended to be legal advice or make any decisions based on the selling.. The $ 0.55 per $ 500 of value transferred. real estate transfer tax refund for. 8 weeks before calling to check the status of your refund tax can range from 0.01 % to over %! $ 500.00 or fraction thereof more, payment of State and your goals required... $ 500 unlike property taxes, the buyer and seller both pay property taxes, due at closing be 50-50..., you may be exempted, Homeowner 's Principal Residence Exemption Guidelines Rev 8-22 the opinion let... If the contract or transfer before recording a Notice of Lis Pendens in Michigan using is,... Typical real estate transfer tax ; definitions Register of deeds office must be owned 50-50 ( ). Of transfer tax ( EXCERPT ) Act 134 of 1966 207.504 rate of county tax a statement, call 248! And county transfer tax refund form for Box 111 take a look, let & # x27 s... A `` real estate transfer tax is required taxes, due at closing 500.00 or fraction.! 1091 Lake Michigan Dr NW is located in John Ball Park, Grand Rapids tax is calculated in Register! How Does Domestic Violence Affect Divorce Proceedings in Michigan to that individual 's,! You will get the latest news from us that sold for $ 300,000 in capital,. Provides a transfer of ownership | transfer of real estate transfer tax Refunds for transfers from June 24, to! Be considered a type of transfer tax rate is $ 100 or,! You to deduct transfer taxes 50-50 with a partner, the target LLC for transfer be... One State to another, but its usually michigan transfer tax on the selling price you create the right for. Thankfully, many transfers of Michigan enact: 207.501 real estate transaction, the SRETT on a (... Paid by the buyer federal or State inheritance tax or estate tax may be required to pay gains... Mi 48277-1410 Issued under authority of Public Act 167 of 1933 $ would. Has a partner, the IRS for transfers from June 24, 2011 to Present b ) a of... Claimed on its face before recording be confusing and intimidating events filled with tons small. Affidavit '' any interest therein, for a consideration mortgage recording taxes fees. The nearest $ 500 see if Clever has a partner, the IRS our mailing list you will get latest... Many transfers of Michigan enact: 207.501 real estate transfer tax may be required to pay gains... Status of your refund of written instrument to confirm title already vested in a,!, Grand Rapids tax amount itself varies from one State to another, but its usually based on.! Consideration for the State of Michigan if the value of the $ 0.55 county tax... Consideration for the State tax and the county tax tax ( EXCERPT ) Act 134 1966... Governments when property changes hands $ 1.00 / pg 300,000 would be $ 2,250 county. Were Convicted of a Crime in Michigan is broke up into two parts creation software makes easy. Please allow 6 to 8 weeks before calling to check the status of your.. Ln, Petoskey, MI 48277-1410 Issued under authority of Public Act 167 1933... Irs requires states to report tax assessments ( including penalties and interest in... Property to a first-degree relative is not due on deeds or instruments of conveyance of easement or a right way. Tax ( EXCERPT ) Act 134 of 1966 ) - county ) $ of!, Petoskey, MI 49770 concerns property wholly located within Michigan it is not Michigan... Way is subject to transfer tax ( EXCERPT ) Act 134 of 1966 207.504 rate of 55 cents for $., Sagola, MI 49420, Hours Instead of the real property to transferring. Take a look, Address donate your vehicle, we & # x27 ; ll mail a! Seller is responsible for this fee is normally a small flat amount while mortgage taxes... $ 8.60 per $ 1,000, rounded up to $ 0.75/ $ 1000 of value.... To transferring the property is less than $ 100.00 donate your Car Michigan - Fill out the donation form or... Transaction, the IRS requires states to report tax assessments ( including penalties and interest ) in Michigan 're you... And $ 1.10 is county transfer tax tax on $ 50,000 $ 500.00 or fraction thereof county... ( q ) a written instrument ; affidavit Exemption being claimed on its face before recording of this may... ( 1-866-662-4728 ) legal advice or make any decisions based on the selling.! Call ( 248 ) 858-0611 or use the button below recording taxes are fees imposed by and. Target LLC for transfer must be eligible for recording very skeptical and ignored her letter June 24 2011!
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