• Tax Recapture FAQs for Land Banks 
Frequently Asked Questions for Taxes Collected on Property Owned or Sold by a Land Bank Fast Track Authority

• General Information
Tax reversion is the process by which delinquent property taxes are collected, or in lieu of collection, the process which governs the disposition of real and tangible personal property upon which property taxes remain unpaid. On July 22, 1999, the Michigan tax-reversion process was significantly changed.

• State-Foreclosed Real Property
Under General Property Tax Act 206 of 1893, as amended, the foreclosure and disposition of tax-delinquent real property in 13 of the state's 83 counties are the responsibility of the State of Michigan.

• Notes to Accompany Tax Reversion Procedures for Opt-Out Counties
This first notice must be sent by first-class mail, address correction requested.

• Redemption Procedures to Accompany Tax Reversion Procedures for Opt-Out Counties
Property is still held at the county level and has not yet been transmitted to state. County treasurer therefore receives redemption payments and completes paper redemption form (included in Appendix B of this document). This form is then filed with the county register of deeds and payment of forfeited delinquent taxes, interest, penalties and fees is allocated to appropriate taxing units.

• Tax Reversion Procedure for Opt-Out Counties
Flow chart of the Tax Revesion process.

• Notes to Accompany Tax Reversion Procedures for Opt-In Counties
This first notice must be sent by first-class mail, address correction requested.

• Redemption Procedures to Accompany Tax Reversion Procedures for Opt-In Counties
County treasurer receives redemption payments and completes paper redemption form (included in Appendix B of this document). This form is then filed with the county register of deeds and payment of forfeited delinquent taxes, interest, penalties and fees is allocated to appropriate taxing units.

• Tax Reversion Procedure for Opt-In Counties
Flow chart of the Tax Revesion process.