Michigan Personal Representative Deed Without Warranty

State:
Michigan
Control #:
MI-039-77
Format:
Word; 
Rich Text
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Description

This form is a Personal Representative's Deed where the grantor is the individual appointed as Personal Represenative of an estate and the grantee is the beneficiary or heir at law of the real property from the estate. Grantor conveys the described property to grantee and only covenants that the transfer is authorized by the Court, that the grantor has done nothing while serving as administrator to encumber the property, an dthat the Grantor will defend title but only as to individuals claimanting by, through and under Grantor. This deed complies with all state statutory laws.

A Michigan personal representative deed without warranty is a legally binding document used in the state of Michigan during the transfer of real estate from an estate to a new owner. This type of deed is commonly used when the personal representative of an estate wants to transfer the property without making any guarantees or warranties regarding the property's condition or title. Unlike other types of deeds, the personal representative deed without warranty provides limited protection to the new owner. It states that the personal representative, who is in charge of managing the decedent's estate, will convey the property to the recipient without making any assurances or guarantees about the property's title. The absence of warranties implies that the personal representative does not guarantee that the property is free from any liens, encumbrances, or claims, which may affect the new owner's rights. This means that if any issues arise with the property's title or condition after the transfer, the personal representative will not be held responsible for resolving them. It's important to note that the personal representative deed without warranty is not the only type of deed available in Michigan. There are other deed options that personal representatives can choose from when transferring real estate, such as the personal representative deed with warranty and the quitclaim deed. The personal representative deed without warranty option is typically chosen when the personal representative does not want to assume any liability for the property after the transfer. In summary, a Michigan personal representative deed without warranty is a legal document used by the personal representative of an estate to transfer real estate without providing any guarantees or warranties regarding the property's condition or title. It protects the personal representative from future liabilities and is one of several deed options available in Michigan for estate transfers.

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  • Preview Personal Representative's Deed of Distribution to an Individual
  • Preview Personal Representative's Deed of Distribution to an Individual
  • Preview Personal Representative's Deed of Distribution to an Individual
  • Preview Personal Representative's Deed of Distribution to an Individual

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FAQ

In Michigan, a deed must be signed by the grantor, notarized, and recorded to the Register of Deeds for the property transfer to be considered valid and effective.

RECORDING REQUIREMENTS Documents must have all original signatures and the names must be printed, stamped, or typed beneath the signatures. Documents executed in Michigan which convey or encumber real estate require a notary's acknowledgment.

Selling Property Without Court Authority In Michigan, the probate court will either grant an estate representative the right to sell property during the probate proceeding or they won't. Without the court's authority, the property cannot transfer.

PR's fiduciary duties include undivided loyalty, impartiality, care and prudence and segregation of assets. PR may not disclose facts or knowledge about estate property or heirs, devisees, and beneficiaries unless required by law or with consent of affected persons.

How to Create a Michigan Warranty Deed Form The parties' names; An accurate legal description of the property; A statement of consideration; and. The co-ownership form the new owners will use to hold title (if there are multiple new owners).

More info

The warranties are binding on the estate as though the decedent made them but do not bind the personal representative except in a fiduciary capacity. 565.201 Requirements for recording with register of deeds. Sec. 1.This office does not provide or prepare blank documents. NOTE: Special Warranty Deeds are sometimes used in certain types of transactions. Normally, these are not accepted; however, the Division of. Among the Michigan deeds, quitclaim deeds provide the least protection to the grantee. Not a deed in and of itself. A Michigan warranty deed form is used to transfer Michigan real estate with a full warranty of title. This can be a quitclaim deed, a legal document that transfers property without any warranty, but it does not have to be. NOTE: Special Warranty Deeds are sometimes used in certain types of transactions.

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Michigan Personal Representative Deed Without Warranty