Additional State Topics 12 items

Question 1

Michigan Fair Housing

Answer 1

the first comprehensive mandate for federal civil rights intended to prohibit nearly all forms of discrimination

Question 2

Elliot-larsen civil rights

Answer 2

prohibits certain types of discrimination in employment and housing

Question 3

protected classifications under Michigan law

Answer 3

race, color, religion, national origin, sex, familial status, age, or marital status

Question 4

persons with disabilities civil rights

Answer 4

an act to define the civil rights of persons with disabilities; to prohibit discriminatory practices, policies, and customs in the exercise of those rights

Question 5

transfer tax

Answer 5

Transfer taxes are any type of tax charged when the title of a property changes hands. transfer taxes are based on the purchased price and are paid at the time of recording to the register of deeds in the country where the property is located. there are two real estate transfer taxes levied on the deed issues on check payable to the county register of deeds and country gives portion to state

Question 6

state transfer tax

Answer 6

The Michigan real estate transfer tax is a tax on written instruments—like deeds—that transfer an interest in Michigan real estate.

Transfer taxes are due when the deed is submitted for recording. The county’s acceptance of the deed for recording is evidence that the taxes were paid. If the transfer is exempt from tax, the deed should state the basis for the exemption

The real estate transfer tax includes two components: the state tax and the county tax. These taxes are levied at different rates:

State Transfer Tax Rate – $3.75 for every $500 of value transferred
County Transfer Tax Rate – $0.55 for every $500 of value transferred