Michigan inheritance & estate tax calculators

Michigan Real Estate

Michigan Real Estate Transfer Tax Calculator

Compute the Michigan real estate transfer tax that the county Register of Deeds collects when a deed is recorded — the state SRETT of $3.75 per $500 (MCL § 207.526, 0.75%) plus the county CRETT of $0.55 per $500 (MCL § 207.504, 0.11%). Combined typical: $4.30 per $500 = 0.86% of sale price, paid by the SELLER by default. Surfaces the rarely-claimed SRETT refund under MCL § 207.526(u) when the property's State Equalized Value at sale is less than at purchase, the four common exemption categories (inheritance, trust transfer to same grantor, foreclosure, government), and a Principal Residence Exemption (MCL § 211.7cc) buyer-side note for the 18-mill school operating millage savings. Notes that Michigan — unlike NY, FL, or IL — has no mortgage recording tax.