Mich. Admin. Code R. 299.2610

Current through Vol. 24-21, December 1, 2024
Section R. 299.2610 - Transfer of title

Rule 10.

(1) Transfer of title does not alter the listing if land eligibility is unaffected, and the new owner demonstrates to the department within 90 days after the date of the deed or land contract that they are in compliance with the act. Compliance with the act must be demonstrated by either of the following:
(a) Submitting a copy of the new owner's active forest management plan to the department for the department's determination of whether the plan meets the minimum requirements established by the department.
(b) Submitting to the department a copy of the new owner's contract with a forest management plan writer to complete the forest management plan.
(2) If listed land is purchased under a land contract, a copy of the land contract must be submitted by the vendee of the land contract to the department. If the terms of the land contract are not in compliance with the act or these rules, the land contract must be amended to comply with the act; the land contract vendee shall withdraw the land pursuant to section 51108 of the act, MCL 324.51108, and R 299.260; or the land contract vendor shall bring the land into compliance.
(3) A title transfer that creates a separately owned description that does not meet eligibility requirements requires withdrawal of that description from listing.
(4) If the state or other governmental agency is acquiring listed land by purchase, that land must be withdrawn from listing by the owner before the transfer of title is completed. If the title is transferred without prior withdrawal, the state or other governmental agency shall withdraw the land without fee or penalty.
(5) If listed land is being acquired by an entity whose land is exempted from ad valorem real property taxes pursuant to the provisions of the general property tax act, 1893 PA 206, MCL 211.1 to MCL 211.155, the acquiring entity shall not be required to withdraw the land if the land will remain on the commercial forest specific tax roll and the land is in compliance with all other requirements of the commercial forest program.

Mich. Admin. Code R. 299.2610

1979 AC; 1987 AACS; 2014 AACS; 2023 MR 21, Eff. 11/6/2023