No exemptions from taxation shall be allowed, except as expressly required or permitted by statute. In the case of exemptions made to persons who, in the opinion of the Assessor and Board of Review, by reason of poverty, are unable to contribute towards the public charges, the Assessor or Board of Review may require, as a condition to the grant of exemption, a trust deed or assignment to the City of all or any part of the real or personal property or insurance of the beneficiary of such exemption. No such trust deed or assignment shall deprive the owner of the property to whom tax exemption is granted of his right to occupy and use the property, but shall give the City, in the event that the ownership of such property is transferred to another in any manner whatsoever, such an interest therein as will provide for the payment to the City of an amount equal to all taxes which would have been assessed and levied by the City against the property of such owner had the exemption not been granted. Such deed shall be in proper form for recording in the office of the Register of Deeds of Ingham County.
Editor's Note: The provisions of Charter § 9.3 are superseded by MCL 211.7u.
State Law References: Exemptions, MCL 211.7 et seq.