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A Property Transfer Affidavit (PDF) must be filed whenever property transfers ownership (even if you are not recording a deed). It is used by the Assessor to ensure the property is assessed properly and determine if the sale is a valid sale to use to help in determining upcoming assessments.
How to Transfer Property Using Assignment of Property Step 1: Prepare your forms and find out how you will file. Step 2: If your court requires the form, sign the Testimony to Identify Heirs in front of a notary or deputy register. Step 3: Make copies. Step 4: File your forms and pay the filing fees.
Real Estate Transfer Tax Valuation Affidavit The tax is based on the value of the real property transferred and is collected at the time the contract or instrument of conveyance is submitted for recording. Value means the current or fair market worth in terms of legal monetary exchange at the time of the transfer.
MCL 207.526(h)(i) provides an exemption from the SRETT when the grantor is the United States, the State of Michigan, a political subdivision or municipality within the State of Michigan, or an officer of either the United States or this state or of a municipality of this state, while acting in his or her official
Industrial property tax abatements provide incentives for eligible businesses to make new investments in Michigan. These abatements encourage Michigan manufacturers to build new plants, expand existing plants, renovate aging plants, or add new machinery and equipment.
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Affidavit must be filed by the new owner with the assessor for the city or township where the property is located within 45 days of the transfer. The information on this form is NOT CONFIDENTIAL.

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