Assessing Department
| The
Assessing Department maintains the records on all real property (land
and buildings). If you have any questions regarding your
assessment, the City Assessor will be glad to help.
South Lyon's City Assessor is Oakland County. You can reach the Assessing Department at 248-437-1735 or you can click on Oakland County Public Records - Click on @access Oakland. Principal Residence Exemption Affidavit: Homeowners who own and occupy a homestead as their principal residence may be exempt from a portion of the school operating tax. In order to claim this exemption, the homeowner must file a Principal Residence Exemption Affidavit with the City Clerk's office at 335 S. Warren, South Lyon, Michigan 48178 by May 1st. Adjustments will be made by the assessor on the next property tax bill. Homeowners may claim only one homestead in Michigan. Should you not receive a form at your closing, one is available from City Hall or click on the words "Principal Residence Exemption Affidavit" above.
|
|
Request
to Rescind:
A homeowner
who has claimed a Principal Residence Exemption an a property and sells that
property or converts the home to another use, i.e. a rental property,
must rescind the exemption they maintained when the property was owned
and occupied as a primary residence in accordance with the laws of the
State of Michigan. If it is determined that a property was claimed
as a Principal Residence when in fact it was not, the owner may be subject to
additional property taxes, penalty and interest. Request to
Rescind/Withdraw Principal Residence Exemption forms are available at City Hall or
by clicking on the words "Request to Rescind" above.
Request to Rescind forms must be filed with the City Clerk's office at
335 S. Warren, South Lyon, Michigan 48178.
|
|
Property Transfer Affidavits:
This
form must be filed whenever real estate or some types of personal property are
transferred, even if you do not record a deed. It must be filed by the new owner
with the City or the County within 45 days of the transfer. If it
is not filed within 45 days, a penalty may apply. Should you not receive this
form at your closing, a form is available from City Hall or by clicking on the
words "Property Transfer Affidavit" above.
|
|
Board of Review: Every year a change of assessment notice is mailed to all homeowners informing them of any changes in the assessed and taxable values of their property. Should you notice an error or feel the assessment or taxable value is incorrect, contact Oakland County promptly at the number on the notice. These errors can be corrected before the assessment roll is completed for the year. The March Board of Review is held during the third week to hear appeals. Appointments are recommended, but not necessary. The March Board of Review hears appeals for the current year only. Appeals relating to property value or hardship are held at this meeting. Should you not agree with the Board of Review action, you may appeal to the Michigan Tax Tribunal. The July and December Board of Review are held for mutual mistakes of fact or clerical error, hardship, and homestead status only. Due to the passage of Proposal A, your taxable value can only increase 5% or the CPI (consumer price index), whichever is lower. The taxable value can also increase when new construction is added. This includes decks, garages, additions, etc. Assessments will change according to the effect of the market conditions. Should you need information regarding assessments, field sheets or tax matters please call the City at (248) 437-1735. |