What is a Principal Residence Exemption Affidavit, and why do I have to file it?
Every person in Michigan is allowed to claim a Homestead on their primary residence which reduces the tax rate by 18 mils per thousand on their tax bill. In order to enjoy the lower tax rate you must own and occupy the residence for which you are claiming.

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1. What is a Principal Residence Exemption Affidavit, and why do I have to file it?
2. What is a Property Transfer Affidavit?
3. My accountant tells me that I do not qualify for a homestead, should I still file it?
4. I no longer have a business in the City of Bloomfield Hills, yet I am still receiving tax bills for the personal property. Why is this?
5. When are taxes delinquent?
6. What is the Millage rate in Bloomfield Hills?
7. If I do not receive my tax bill and I miss the due date am I liable for the interest and penalties?
8. Is there any relief in taxation for Senior Citizens?
9. If the SEV decreases, will I pay more or less in property taxes?
10. Why won’t my taxes decrease if my property value is going down?