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2 State Bar Mich. Real Prop. L. Sec.: Newsl. 1 (1975)

handle is hein.barjournals/miralptyrew0002 and id is 1 raw text is: REAL PROPERTY LAW SECTION SAT BA OF MCIAN No. 5 Vol 2, No 1 Yewskctter February, 1975 G. Norman Gilmore Chairman Frank S. Sengstock University of Detroit Law School Editor This issue includes: 1. 2. 3. 4. 5. 6. An appeal by the editor for information on the pro-rationing of taxes A report on the annual seminar Court of Appeals Digest Farmland and Open Space Act Michigan Soil Erosion and Sedimentation Control Act Actions to quiet title under Michigan law Pro-Rating Taxes by Frank S. Sengstock Editor of Newsletter There is no standard system for pro-rating real property taxes throughout the State of Michigan. Many real estate sales agreements call for fiscal year pro-rations while others are keyed to due date. In some areas one concerns oneself only about city and county taxes while in other areas adjustments must be made for city, county, community college taxes. Some of these taxes are prospective; others are retro- spective. Your editor would like to present a county by county account of pro-rationing of real estate taxes for our membership. Such an account would include: 1) a list of all real property taxes existing in an area; 2) a statement of whether such taxes operate prospectively or retrospectively; 3) information about the extent to which the fiscal year as opposed to the due date is the criterion for adjusting the rights of buyer and seller. If anyone can provide information to me with regards to these matters, I am sure that our membership would find it of tremendous assistance.