Go To Top capitol dome
Michigan Legislature
Michigan Compiled Laws Complete Through PA 264 and includes 267-336 of 2018

Senate: Adjourned until Wednesday, August 15, 2018 10:00:00 AM

Michigan Legislature

Main Content

Section 207.502

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

© 2017 Legislative Council, State of Michigan

up icon