Mich. Admin. Code 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is acquiring listed land by purchase, that land must be withdrawn from listing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.
Notes
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