What is a Property Transfer Affidavit?
When Proposal "A" passed in 1994, which reduced the school property taxes, the new law requires full disclosure. The law requires a Property Transfer Affidavit be on file, otherwise penalties will be applied by the State.

Show All Answers

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?