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RFP NO.HHF05082014B DEMOLITION OF RESIDENTIAL AND COMMERCIAL PROPERTIES FOR THE DETROIT LAND BANK HARDEST HIT FUND GROUP HHF6E Issued by ADR Consultants, LLC RFP No.HHF05082014B / HHF6E Non NSP Demolition.

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DLBA Tax Capture. Purchaser acknowledges that DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property in an amount equal to 50% of the property taxes collected on the Property.

The Detroit Land Bank Authority's mission is to return the city's blighted and vacant properties to productive use. We utilize a variety of sales programs to make homeownership and land purchases accessible to Detroiters.

For property sold by the Detroit Land Bank Authority (the “DLBA”), the DLBA has a statutory right to receive 50 percent of the property taxes paid by the purchaser of such property for a five-year period (see MCL Section 211.7gg).

The DLBA owns a lot of property throughout the City of Detroit, and therefore, not everything is listed for sale. If you're interested in a parcel that isn't part of one of our sales piplines, you can apply to purchase it through the City's Public Property Purchase Application portal.

The City of Detroit owns property across the City, including both properties used to support services (such as parks and police stations) and properties that are not serving a public purpose.

The property inventory of the Detroit Land Bank consists of vacant lots, abandoned houses, and many other structures that were often forced into tax foreclosure. The Detroit Land Bank sells houses on its website through multiple programs, including Auction, Own It Now, and Rehabbed & Ready.

(1) Land banks act as a legal and financial mechanism to transform vacant, abandoned and tax-foreclosed property back to productive use. Generally, land banks are funded by local governments' budgets or the management and disposition of tax-foreclosed property.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232