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Recording a Michigan deed and filing a Property Transfer Affidavit are separate tasks. Form 2766, also called L-4260, goes to the local assessor. Assign responsibility for it when the transfer is planned, and keep the filing confirmation with the property records.
Use the current Treasury form
Michigan Treasury’s current Form 2766 and instructions require filing with the city or township assessor within 45 days of a covered transfer. The form records the parties, date, property identification and any claimed uncapping exemption.
The published penalty schedule
The March 2025 revision, checked September 24, 2026, distinguishes several property categories. The table summarizes the form’s listed late-filing penalties; additional taxes, interest, statutory conditions or exceptions may also matter.
Form 2766 penalty summary; confirm application with the assessor
| Property category | Listed late-filing penalty |
|---|---|
| Noncommercial/nonindustrial principal residence | $5 per day after 45 days, up to $200. |
| Other noncommercial/nonindustrial real property | $5 per day after 45 days, up to $4,000. |
| Industrial or commercial; sale price at most $100 million | $20 per day after 45 days, up to $1,000. |
| Industrial or commercial; sale price over $100 million | $20,000 after 45 days. |
Property category
Noncommercial/nonindustrial principal residence
Listed late-filing penalty
$5 per day after 45 days, up to $200.
Property category
Other noncommercial/nonindustrial real property
Listed late-filing penalty
$5 per day after 45 days, up to $4,000.
Property category
Industrial or commercial; sale price at most $100 million
Listed late-filing penalty
$20 per day after 45 days, up to $1,000.
Property category
Industrial or commercial; sale price over $100 million
Listed late-filing penalty
$20,000 after 45 days.
An exemption needs its own review
The form lists possible uncapping exemptions, including certain family, life-estate and trust transfers. A checkbox is a claim about the transaction, not a determination by the software. Confirm eligibility and supporting documents with the professionals handling the transfer.
For a Lady Bird Deed, confirm the filing event
An enhanced life estate deed can raise questions about the transfer date, retained rights and later termination of the life estate. Have Michigan counsel or the assessor confirm the affidavit requirements at each relevant event. This article does not determine the treatment of a particular deed.
Keep a property checklist
- Ask counsel which deed, recording and tax filings this transaction requires.
- Confirm who submits each item and the applicable deadline.
- Check the assessor’s current submission method and retain evidence of filing.
- Track any request for additional information or correction.
Confirm what the package includes
For a Bancroft Michigan deed engagement, review the companion forms and the scope of attorney review before release. Do not assume a generated affidavit has been filed with the assessor. The household and its professionals need an explicit filing assignment. See the deed-recording help article for the service steps.
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