What is a principal residence according to Michigan law?

A principal residence, according to Michigan law, is defined as the primary home of an individual where they intend to return. This concept is crucial because it determines eligibility for certain tax exemptions, such as the homestead exemption, which can significantly affect the property tax burden of homeowners.

The emphasis is placed on the individual's primary residence, as it reflects the place where a person resides most of the time, showcases their intent to establish a home, and is often where they maintain personal ties and roots. This definition is not simply about ownership but relates directly to the person's intent and use of the property.

In contrast, properties owned by the government, secondary homes used for vacations, and homes rented to tenants do not meet this definition, as they do not serve as the primary dwelling of an individual who intends to establish residency there. These distinctions are vital for proper assessment and understanding of Michigan's property laws and tax regulations.