Conditional Rescission of Principal Residence Exemption

A conditional rescission allows the owner to receive a Principal Residence Exemption on his or her current property and on previously exempted property simultaneously if the previous principal residence (all must apply):
  1. is not occupied
  2. is for sale
  3. is not leased
  4. is not used for any business or commercial purpose
For further information, click on a link below.
  • Conditional Rescission FAQ (State of Michigan)
    Download
  • Form 4640, Conditional Rescission of Principal Residence Exemption (PRE)
    Download
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