Michigan Laws 207.524 – Written instruments executed outside of state
Current as of: 2023 | Check for updates
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Terms Used In Michigan Laws 207.524
- Contract: A legal written agreement that becomes binding when signed.
- Property: includes land, tenements, real estate, and real property and all rights to and interests in land, tenements, real estate, or real property. See Michigan Laws 207.522
- state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories belonging to the United States; and the words "United States" shall be construed to include the district and territories. See Michigan Laws 8.3o
- Tax: means the state real estate transfer tax imposed under this act. See Michigan Laws 207.522
There is imposed, in addition to all other taxes, a tax upon all written instruments described in section 3 executed outside of this state if the contract or transfer evidenced by the written instrument concerns property wholly located within this state. A written instrument described in this section is subject to this act.