Personal Property Information
The Michigan Constitution provides for the assessment of all real and personal property not specifically exempted by law. Real property is comprised of the land and buildings typically thought of as real estate. Personal Property can be defined as the tangible or physical assets of a business that are not part of the real estate. The latest Personal Property Statement forms can be found at www.michigan.gov/treasury. At the site, select Property Owner Forms, Property Tax-Real & Personal Statements.