Arkansas TITLE STATE: Yes SECURITY INTERESTS: Shown on title held by first lienholder. LICENSE REGISTRATION: Arkansas Office of Motor Vehicles, Post Office Box 1272-MV, Little Rock, Arkansas 72203. Tel: (501) 682-4692. RECOVERY REQUIREMENT: As per UCC, repossession allowed without committing a breach of the peace.
What is the homestead property tax credit? Michigan's homestead property tax credit is how the State of Michigan can help you pay some of your property taxes if you are a qualified Michigan homeowner or renter and meet the requirements. You should complete the Michigan Homestead Property Tax Credit Claim form (MI-1040CR) to see if you qualify for the credit.
Property tax is  a levy issued by a government on a person's real or personal property. The property is assessed to give it a value, and then that value is taxed. The amount of tax owed is determined by multiplying the fair market value of the property by the current tax rate. The amount taxed on a given property may change over time based on a reassessment of the property's value. Typically, property tax is not increased as the value of the home naturally increases; the value of the tax generally remains based on the value of the property at the time it was purchased.