The Homeowner's Principal Residence Exemption Affidavit allows you to claim an exemption on your home which will lower your school tax bill. For you to be eligible for this exemption, you must own and occupy your house as your legal principal residence by June 1st of each year. This form is filed at your local Assessor's Office and is good until you sell your house or change the use of your property to a second home or to a rental home. You may only claim one house as your principal residence.
The forms can be download and printed then can be mailed to the Assessor's Office.
7200 S. Huron River Dr.
Ypsilanti, MI 48197
Use this form to add a Principal Residence Exemption Affidavit Exemption to your home or vacant lot adjacent to your principal residence. A separate form must be completed for each parcel number.
Use this form if you sell your property or change the use of your property to a second home or rental property.
An owner may receive the PRE on the previous principal residence for up to three years if that property is not occupied, is for sale, is not leased, and is not used for any business or commercial purpose.
Example: Homeowners Principal Residence Exemption (PRE)
This is an example of a house with a $50,000 taxable value using an $46.4307 per thousand of value Homeowners Principal Residence millage rate (Lincoln School District) v.s. a $64.4307 Non-Homeowners Principle Residence millage rate (Lincoln School District).
|100% PRE-Exemption||0% PRE- Exemption|
|$2,321.54 per year in school taxes||$3,221.54 per year in school taxes|