Covenant For Title

• Category: Real Estate - Deeds
• State: Michigan
• Control #: MI-BM-022
• Format: Word; Rich Text

Description

The Covenant for Title is a legal document that certifies the grantor's ownership of a property and their right to convey it to another party. It includes critical details such as the grantor's identity, the property description, and the consideration amount. This form also specifies any restrictions, easements, or liens affecting the property. Filling out the form requires accurate information related to the property and parties involved, along with signatures from the appropriate individuals, including a witness and a notary public. The form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants when they engage in the transfer of real estate ownership. It ensures that all legal requirements are met, particularly for corporate entities conveying property. The document serves to protect the interests of both parties by affirming that the grantor has not only the title but also the authority to transfer said title. The Covenant for Title is essential in real estate transactions, especially in scenarios where corporate entities are involved, providing assurance about the legitimacy of the property transfer.