Michigan Real Estate Transfer Tax
Carla L'Huillier, Register of Deeds
234 W. Baraga Avenue
Marquette, Michigan 49855
PH: (906) 225-8415 FAX: (906) 225-8420
MCL 207.505(5) ( ) MCL 207.526(26) ( )
Or MSA 7.456(5) ( ) or MSA 7.456(26) ( )
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. 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.
The tax shall be upon the person who is the seller or the 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 207.502a
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 Tax Valuation Affidavit", however it must state "Real Estate Valuation Affidavit on file" on the face of the document. MCL 207.511, MCL 207.525