Master Deed Condominium Meaning In Oakland
Description
Form popularity
FAQ
"Master deed" means the inium document recording the inium project to which are attached as exhibits and incorporated by reference the bylaws for the project and the inium subdivision plan for the project.
A warranty deed, like the other deeds, conveys an ownership interest in the real estate to the grantee or buyer. However, a warranty deed also conveys a promise that the grantor is transferring good and clear title to the grantee.
A TOD deed as an estate planning tool is very efficient. It is allowed by 31 states to transfer property to a beneficiary. A transfer on death deed is also called a beneficiary deed. In Michigan, a Ladybird deed accomplishes the same thing.
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.
