A Michigan quitclaim deed with power of attorney is a legal document used to transfer ownership of real estate in Michigan. This type of deed allows the property owner, known as the Grantor, to transfer their interest in the property to another party, the Grantee, without making any warranties about the title. The inclusion of power of attorney permits the agent to act on behalf of the Grantor in executing this transfer, provided that the power of attorney document explicitly grants such authority.
Completing a Michigan quitclaim deed with power of attorney involves several key steps:
This form is suitable for individuals who wish to transfer property ownership in Michigan while ensuring that such actions are conducted by an appointed agent through a power of attorney. This may include:
In Michigan, a quitclaim deed must meet certain state-specific requirements for it to be valid:
To ensure a smooth process, avoid the following common mistakes:
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Wording: Michigan law requires the language A.B. quitclaims to C.D. followed by a description of the property. Then it must say for the sum of followed by the price. Signing: § 565.201 requires that the grantor sign the document in front of a notary public.
You can transfer the property as power holder to your self.It is Legal. Nothing is wrong and nothing is illegal.
Latest supreme court judgement on power of attorney 2021 A PoA is not an instrument of transfer in regard to any right, title or interest in an immovable property, a three-judge bench, headed by justice RV Raveendran, said, adding that property can legally be transferred only through a registered sale deed.
Use full legal names when you fill out the deed, and describe the property by both address and parcel number. Date and sign in front of a notary. To properly record the quitclaim deed, take the notarized document to the county recorder's office and file it with the clerk, paying applicable fees.
How to Write a Texas Quitclaim DeedPreparer's name and address.Full name and mailing address of the person to whom recorded deed should be sent.The consideration paid for the real property.Grantor's name and status (single, married, or legal entity type)Grantor's mailing address.More items...