In Michigan Properties, LLC v Meridian Township, we address whether a tax assessor s failure to adjust the taxable value of a parcel of real property in the year immediately following its transfer 1 precludes a March board of review from adjusting the taxable value in a later year. The cases before us involve the proper interpretation of the General Property Tax Act (GPTA), MCL 211.1 et seq. 143281 NORTHVILLE TOWNSHIP, Respondent-Appellee. TOLL NORTHVILLE LIMITED PARTNERSHIP and BILTMORE WINEMAN LLC, Petitioners-Appellants, v No.
Zahra FILED JSTATE OF MICHIGAN SUPREME COURT MICHIGAN PROPERTIES, L.L.C., Petitioner-Appellee, v Nos.
Michigan Supreme Court Lansing, Michigan Opinion Chief Justice: Justices: Robert P. The Court of Appeals held that the error in this case could not be remedied and, therefore, the Supreme Court reversed the judgment of the Court of Appeals and reinstated the Michigan Tax Tribunal's decision affirming the March board of review's correction of the tax rolls to reflect the properly adjusted taxable values. Accordingly, the Court also held that a March board of review may adjust the erroneous taxable value in a subsequent year in order to bring the current taxable value into compliance with the GPTA. Further, the GPTA did not preclude a March board of review from correcting an erroneous taxable value that resulted from the failure of an assessor to adjust a property's taxable value in the year immediately following its transfer.
Upon review, the Court held that the failure to adjust the taxable value in the year immediately following the transfer produced an erroneous taxable value because the taxable value was not in compliance with the GPTA. For this case, the Supreme Court addressed whether the tax assessor's failure to adjust the taxable value of a parcel of real property in the year immediately following its transfer precluded a March board of review from adjusting the taxable value in a later year. The issue in these consolidated cases involved interpretation of the General Property Tax Act.
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