Mich. Comp. Laws » Michigan Compiled Laws / Chapter 207 / Act 134 of 1966
Michigan Compiled Laws

Mich. Comp. Laws § 207.501 (2026)

Real estate transfer tax; definitions.

✓ current as of July 2026
Find cases: SyfertCases citing this section MI-LEGlegislature.mi.gov JustiaChapter on Justia CornellLII Search CasesGoogle Scholar

REAL ESTATE TRANSFER TAX


Act 134 of 1966


207.501 Real estate transfer tax; definitions.

Sec. 1.

    As used in this act:

    (a) "Treasurer" means the county treasurer.

    (b) "Person" means every natural person, association or corporation. Whenever used in any penalty clause the term "person", as applied to associations, means the partners or members thereof, and as applied to corporations, the officers thereof.

    (c) "Value" means the current or fair market worth in terms of legal monetary exchange at the time of the transfer.

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

Notes of Decisions
Cited in 4 cases, 2006–2013 · leading case: Oakland Cnty. v. Fed. Hous. Fin. Agency, 871 F. Supp. 2d 662 (E.D. Mich. 2012).
Sort: Relevance Newest Treatment
Oakland Cnty. v. Fed. Hous. Fin. Agency, 871 F. Supp. 2d 662 (E.D. Mich. 2012). · cites it 3× “, and the County Real Estate Transfer Tax, MCL § 207.501 et seq. (the “Transfer Taxes”).”
Eastbrook Homes, Inc. v. Dep't of Treasury, 820 N.W.2d 242 (Mich. Ct. App. 2012). “526(d) applicable to the tax imposed under the county real estate transfer tax act, MCL 207.501 et seq. The quitclaim deeds clearly provide strong security because in the event of a buyer’s default, petitioner would not need to foreclose a mortgage or a construction lien since…”
Lake Forest Partners 2, Inc v. Dep't of Treasury, 720 N.W.2d 770 (Mich. Ct. App. 2006). · cites it 2× “In that case, the county argued that, under the real estate transfer tax act (RETTA), MCL 207.501 et seq., which essentially mirrors the SRETTA, petitioner should have paid the county on the basis of the value of the lot and the home.”
Cnty. of Oakland v. Fed. Hous. Fin. Agency, 716 F.3d 935 (2013). “The Michigan State Real Estate Transfer Tax, Mich. Comp. Laws § 207.521 , et seq., and the Michigan County Real Estate Transfer Tax, Mich.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.