Some Important Information for Property Owners
Public Act 123 of 1999 reduced the time frame in which delinquent taxes can be paid, from 5 years to approximately 2 years. Delinquent taxes are charged a 1% interest per month in the first year of delinquency. In the second year of delinquency, interest increases to 1.5% per month along with additional fees, such as the $175.00 forfeiture fee. If taxes remain unpaid for a two year period, the property will be foreclosed and sold at a public auction held by the State of Michigan.
Once foreclosed, property can no longer be redeemed.
Pay Delinquent Taxes As Soon As Possible!
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