Section 211.7u(1) of the Michigan General Property Tax Act defines the poverty or Hardship Exemption as a method to provide relief for those who, in the judgment of the Board of Review, are unable to fully contribute to the annual property tax burden of their principal residence due to the financial status.
Under MCL 211.7b. Veterans who are 100% totally and permanently disabled from a service related disability or qualified at 100% due to Individual Unemployablilty may qualify for a property tax exemption
Homeowners should be aware that a "P.R.E." Principal Residence Exemption Form must be filed if they intend to occupy their new home as their principal residence in order to qualify for the 18 mill PRE tax exemption.