Form 2748 - Senior Citizen Or Totally And Permanently Disabled Person'S Affidavit Requesting Special Assessment Deferment Page 3
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1
2
3Frequently Asked Questions (FAQ)
About Deferred Special Assessments
b. Have been a Michigan resident for 5 years or more and
What is a Special Assessment?
must have owned and occupied the homestead for 5
A Special Assessment is an assessment against real
years or more; and
property calculated on a benefit or ad valorem basis for
curb and gutter, sidewalk, sewer, water, or street paving; a
c. Be a citizen of the United States; and
drain; a connection fee or similar charge for a sewer or
water system.
d. Have a household income not exceeding the limit set
for the year by law. For the year 2007 the household
What is a Homestead?
income cannot exceed $ 20,308; and
Homestead means a dwelling or a unit in a multiple-unit
dwelling, owned and occupied as a home by the owner
e. Have a special assessment of $ 300 or more; and
thereof, including all contiguous unoccupied real property
owned by the same person. Homestead includes a dwelling
f.
If a mortgage or an unpaid balance on a land contract
and an outbuilding used in connection with a dwelling,
encumbers the homestead, a deferment of special
situated on the lands of another.
assessments shall not be made without the written
consent of the mortgagee or the land contract vendor.
Who is an owner?
The consent letter must state that the mortgagee or
Owner includes a person eligible for the special
the land contract vendor understands that the lien
assessment deferment who is purchasing a homestead
by the State of Michigan is the ‘First Lien’ on the
under a mortgage or land contract or who owns a dwelling
property.
situated on the leased lands of another or is a tenant-
stockholder of a cooperative housing corporation.
Who approves the Deferment of Special Assessment?
The deferment application is initially made to the local
What is ‘Household’ Income?
assessing officer in the city or township where the property
Household income is the total income (taxable and
is located. After the local assessing officer verifies the
nontaxable) of both spouses or of a single person
information provided, it is forwarded to the Department of
maintaining a household. It is the sum of adjusted gross
Treasury for processing. The Department of Treasury will
income (AGI) plus all income exempt or excluded from
approve the application if all of the requirements are met.
AGI. Total household income includes - wages, salaries,
tips; net income from a business, rent or farm; Social
What happens after the approval by the Department of
Security less the amount deducted for Medicare premiums;
Treasury?
Supplemental Security Income (SSI), Department of
After the application is approved, the Department of
Human Services (DHS) and Family Independence
Treasury sends a check to the local unit of government to
Program
(FIP)
benefits;
child
support;
alimony;
pay off the special assessment. The Department of
unemployment,
workers'
and
veterans'
disability
Treasury records a lien on the property in favor of State of
compensation; pension benefits; interest income; gifts and
Michigan.
winnings in excess of $300.00 and other sources of income
for all individuals living in the household.
What do I need to do to release the lien on the
property?
Does the Household Income change from year to year?
The money advanced to pay off the special assessment by
The household income, as defined above, is indexed by the
the Department of Treasury is a loan to the owner of the
Consumer Price Index every year. The maximum
property. Like any other loan from a bank, the loan carries
household income an owner or owners can have in the
an interest (at present ½ of 1% per month). The loan has to
year 2007 is $20,308.
be paid back to the State before the lien is released.
What are the qualifications for obtaining a deferment?
The deferred special assessment has to be paid back
To qualify for the special assessment deferment you or
when the property is sold or transferred. If the owner
your spouse (if jointly owned) must:
of the property dies, then the loan needs to be paid
within one year after the death. If not paid, there is an
a. Be 65 years or older at the time of filing of this
interest charge of 1% per month in addition to the
affidavit; and
interest until the loan is paid.
(Exception: If you or your spouse are totally and
permanently disabled, the age requirement is waived
by authority of Public Act 360 of 1978, as amended)
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