LINKS
Michigan Association of Registers of Deeds
MICHIGAN UNIFORM COMMERCIAL CODE DIVISION
FORMS
AFFIDAVIT OF QUALIFIED AGRICULTURAL PROPERTY
REAL ESTATE TRANSFER TAX VALUATION FORM
LAST UPDATE ON Tuesday February 09, 2016
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Michigan Real Estate Transfer Tax The tax shall be upon the person who is the seller or grantor. MCL 207.502(2) or MCL 207.523(2). In the case of an exchange of two properties, the deeds transferring title to each are subject to tax, and in each case shall be computed on the basis of the actual value of the property conveyed. MCL 207.502(a). Conveyances affecting property situated in more than one county must state the portion of the sale price attributable to each parcel lying in the separate counties and transfer tax must be paid to each county for that portion of the sale price. Documentary stamps shall be purchased only in the county in which the property is located. MCL 207.507, MCL 207.528. No fee is charged for filing the "Real Estate Transfer Valuation Affidavit", however, it must state the following on the face of the document: |
UCC Search Fees |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
LAST UPDATE ON Tuesday April 14, 2009 |
Meggen Lang |
Laurie Daane |
Jill Kreiner Smith |
Chief Deputy | Clerk Typist | Clerk Typist |
To provide service and information as to the public records regarding real property located in Lapeer County.
To promptly process and accept for the public record documentation complying with the Michigan Recording Act.
To research and develop new ways of using technology to improve the input retrieval and storage of storage.
ATTN: Title Companies, Attorneys, and Other Professional Organizations
E-recording Required
Effective immediately, we encourage all businesses who submit recordings to this county to use simplifile.com to submit electronic recordings. E-recording is secure, simple, and can be done from your home or office – reducing the risk of spreading COVID-19. For questions, contact Simplifile at 800.460.5657. Thank you for your help during this time.
REAL ESTATE TRANSFER TAX
EXEMPTIONS - COUNTY
REAL ESTATE TRANSFER TAX (EXCERPT)
Act 134 of 1966
207.505 Exemptions.
Sec. 5.
The following instruments and transfers shall be exempt from this act:
(a) Instruments where the value of the consideration is less than $100.00.
(b) Instruments evidencing contracts or transfers which are not to be performed wholly within this
state insofar as such instruments include land lying outside of this state.
(c) Written instruments which this state is prohibited from taxing under the constitution or statutes of
the United States.
(d) Instruments or writings given as security or any assignment or discharge thereof.
(e) Instruments evidencing leases, including oil and gas leases, or transfers of such leasehold
interests.
(f) Instruments evidencing any interests which are assessable as personal property.
(g) Instruments evidencing the transfer of rights and interests for underground gas storage purposes.
(h) Instruments (i) in which the grantor is the United States, the state, any political subdivision or
municipality thereof, or officer thereof acting in his official capacity; (ii) given in foreclosure or in lieu
of foreclosure of a loan made, guaranteed or insured by the United States, the state, any political
subdivision or municipality thereof or officer thereof acting in his official capacity; (iii) given to the
United States, the state, or 1 of their officers as grantee, pursuant to the terms or guarantee or
insurance of a loan guaranteed or insured by the grantee.
(i) Conveyances 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.
(j) Judgments or orders of courts of record making or ordering transfers, except where a specific
monetary consideration is specified or ordered by the court therefor.
(k) Instruments used to straighten boundary lines where no monetary consideration is given.
(l) Instruments to confirm titles already vested in grantees, such as quitclaim deeds to correct flaws
in titles.
(m) Land contracts whereby the legal title does not pass to the grantee until the total consideration
specified in the contract has been paid.
(n) Instruments evidencing the transfer of mineral rights and interests.
(o) Instruments creating a joint tenancy between 2 or more persons where at least 1 of the persons
already owned the property.
History: 1966, Act 134, Eff. Jan. 1, 1968 ;-- Am. 1967, Act 258, Imd. Eff. July 19, 1967 ;-- Am.
1968, Act 327, Imd. Eff. July 3, 1968 ;-- Am. 1969, Act 67, Imd. Eff. July 21, 1969
207.505 Exemptions.
Sec. 5.
The following instruments and transfers shall be exempt from this act:
(a) Instruments where the value of the consideration is less than $100.00.
(b) Instruments evidencing contracts or transfers which are not to be performed wholly within this
state insofar as such instruments include land lying outside of this state.
(c) Written instruments which this state is prohibited from taxing under the constitution or statutes of
the United States.
(d) Instruments or writings given as security or any assignment or discharge thereof.
(e) Instruments evidencing leases, including oil and gas leases, or transfers of such leasehold
interests.
(f) Instruments evidencing any interests which are assessable as personal property.
(g) Instruments evidencing the transfer of rights and interests for underground gas storage purposes.
(h) Instruments (i) in which the grantor is the United States, the state, any political subdivision or
municipality thereof, or officer thereof acting in his official capacity; (ii) given in foreclosure or in lieu
of foreclosure of a loan made, guaranteed or insured by the United States, the state, any political
subdivision or municipality thereof or officer thereof acting in his official capacity; (iii) given to the
United States, the state, or 1 of their officers as grantee, pursuant to the terms or guarantee or
insurance of a loan guaranteed or insured by the grantee.
(i) Conveyances 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.
(j) Judgments or orders of courts of record making or ordering transfers, except where a specific
monetary consideration is specified or ordered by the court therefor.
(k) Instruments used to straighten boundary lines where no monetary consideration is given.
(l) Instruments to confirm titles already vested in grantees, such as quitclaim deeds to correct flaws
in titles.
(m) Land contracts whereby the legal title does not pass to the grantee until the total consideration
specified in the contract has been paid.
(n) Instruments evidencing the transfer of mineral rights and interests.
(o) Instruments creating a joint tenancy between 2 or more persons where at least 1 of the persons
already owned the property.
History: 1966, Act 134, Eff. Jan. 1, 1968 ;-- Am. 1967, Act 258, Imd. Eff. July 19, 1967 ;-- Am.
1968, Act 327, Imd. Eff. July 3, 1968 ;-- Am. 1969, Act 67, Imd. Eff. July 21, 1969
(Closed from 12:30 p.m. to 1:30 p.m. for lunch)
Saturday and Sunday – Closed
From the East: Take I-69 west to M-24 (Exit 155). Turn right onto M-24/S. Lapeer Road. Continue to follow M-24 for 2 miles, turn right onto W. Nepessing Street. Drive to 287 W. Nepessing. (will be on the right just before the old white courthouse).
From the West: Take I-69 east to M-24 (Exit 155). Turn left onto M-24/S. Lapeer Road. Continue to follow M-24 for 2 miles, turn left onto W. Nepessing Street. Drive to 287 W. Nepessing. (will be on the right just before the old white courthouse).
From the North: Take M-24/N. Lapeer Road south to Nepessing Street in downtown Lapeer. Turn left onto Nepessing Street, drive to 287 W. Nepessing. (will be on the right just before the old white courthouse).
From the South: Take M-24/S. Lapeer Road north to Nepessing Street in downtown Lapeer. Turn right onto Nepessing Street, drive to 287 W. Nepessing. (will be on the right just before the old white courthouse).