City of Flat Rock City of Flat Rock  
 
Homestead Exemption Information
 
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Homestead Exemption Information

Ø      Principal Residence Exemption Affidavit Form and Instructions

In 1994 a new law, Proposal A, was passed that greatly affected that way property taxes are calculated.  Part of this affected the way local schools collect their operating taxes.  This brought about the principal residence exemption on the tax payers’ primary residence (must occupy 6 months out of the year).  This is not to be confused with the homestead that is part of your State of Michigan income tax return. 

What this does for you, the tax payer, is exempts you from the school operating millage which is approximately 18 mils.  This saves a house with a taxable value of $100,000 approximately $1,800 per year.  In order to receive this credit for the current year’s taxes you must occupy the house prior to May 1 each year.  If you occupy after May 1 you do not receive the credit until the follow tax year.

This form must be submitted to the Assessor’s Office when a home is purchased that will be the tax payers primary residence. 

Please mail this to the Assessor’s Office at 25500 Gibraltar Road, Flat Rock, MI  48134.


You can access the Homestead Affidavit form and instructions below


        HOMESTEAD EXEMPTION AFFIDAVIT


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Request to Rescind/Withdraw Principal Residence Exemption  Form and Instructions

If you are currently claiming a Principal Residence Exemption on your property and either sell the property or convert it into rental property you must file the Request to Rescind/Withdraw Principal Residence Exemption.  This will remove your right to receive the Principal Residence Exemption status.

If you are selling your property this will remove your right to the exemption on your current property.  This will allow you claim the homestead exemption on another property.  By law you can only claim one (1) property as your principal residence.

This form must be submitted to the Assessor’s Office when a home is sold or reverted to rental property. 

Please mail this to the Assessor’s Office at 25500 Gibraltar Road, Flat Rock, MI  48134-1399.


You can assess the Request to Rescind Homestead Affidavit below:

            
                         REQUEST TO RESCIND HOMESTEAD EXEMPTION

  

Ø      Conditional Rescission of Principal Residence Exemption (PRE)

 

A conditional rescission allows an owner to receive a PRE on his or her current property and on previously exempted property simultaneously if the previous principal residence (ALL must apply):

 

·         is not occupied

·         is for sale

·         is not leased

·         is not used for any business or commercial purpose.

 

To apply for a conditional rescission, the owner must submit a Conditional Rescission of Principal Residence Exemption (PRE) form to the city assessor in which the property is located on or before May 1 of the first year of the claim. 

 

An owner may receive the PRE on the previous principal residence for up to (3) years if the property is not occupied, is for sale, is not leased and is not used for any business or commercial purpose.  The owner must annually submit Conditional Rescission of Principal Residence Exemption (PRE) form on or before December 31 to verify to the assessor that the property for which the PRE is retained meets all the above listed criteria. 

 

Click on the link below for the form:

 

CONDITIONAL RESCISSION OF PRINCIPAL RESIDENCE EXEMPTION (PRE)