Go To Top capitol dome
Michigan Legislature
Michigan Compiled Laws Complete Through PA 117 of 2017
House: Adjourned until Wednesday, September 20, 2017 1:30:00 PM
Senate: Adjourned until Wednesday, September 20, 2017 10:00:00 AM

Michigan Legislature

Main Content

Section 207.502

REAL ESTATE TRANSFER TAX (EXCERPT)
Act 134 of 1966


207.502 Instruments executed within state subject to tax.

Sec. 2.

(1) There is imposed, in addition to all other taxes, a tax upon the following written instruments executed within this state when said instrument is recorded.

(a) Contracts for the sale or exchange of real estate or any interest therein or any combination of the foregoing or any assignment or transfer thereof.

(b) Deeds or instruments of conveyance of real property or any interest therein, for a consideration.

(2) The tax shall be upon the person who is the seller or grantor.


History: 1966, Act 134, Eff. Jan. 1, 1968 ;-- Am. 1968, Act 327, Imd. Eff. July 3, 1968


© 2015 Legislative Council, State of Michigan

up icon