What Happens If You Don’t File a Michigan Property Transfer Affidavit?
If you miss the 45-day deadline on a Michigan property transfer affidavit, the fine starts right away. Under Michigan’s General Property Tax Act, the fine runs $5 a day, capped at $200 for a typical home. That’s the smallest part of the bill. Proposal A’s rules uncap your transferred home’s taxable value the very next…
