Public Act 97 of 2024, which amended MCL 211.27b. The changes introduced by this act, effective April 2, 2025, modify certain filing fees related to the failure to submit a property transfer affidavit within 45 days of a transfer of ownership.
Form 2766, the Property Transfer Affidavit, has been updated to incorporate the changes made to MCL 211.27b. The revised form also includes enhancements, such as a section for buyers and sellers to specify their relationship when claiming an exemption for the transfer.
At their April 1, 2025 meeting, the State Tax Commission approved Form 2766 – Property Transfer Affidavit under MCL 211.27b.