Whenever real estate or some type of personal property is transferred, the new owner must file a Property Transfer Affidavit with the Assessor within 45 days of the transfer under authority of P.A. 415 of 1994. It is used by the Assessor to ensure the property is assessed properly and receives the correct taxable value. If it is not filed timely, a penalty of $5/day (maximum $200) applies.
For the Property Transfer Affidavit and Instructions (pdf)