A commercial housing facilities exemption certificate shall be in the form the commission determines and shall contain:
    (a) A legal description of the real property on which the new facility is to be located.

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Terms Used In Michigan Laws 207.613

  • Commercial housing facilities exemption certificate: means a certificate issued pursuant to sections 3, 4, and 5. See Michigan Laws 207.601
  • Commission: means the state tax commission created by Act No. See Michigan Laws 207.601
  • New facility: means a new structure which will have as its primary purpose multifamily housing consisting of 5 or more units and will be constructed in a downtown development district established pursuant to Act No. See Michigan Laws 207.601
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
    (b) A statement that unless revoked as provided in this act the commercial housing facilities exemption certificate shall remain in effect for the period stated in the certificate.