Michigan Quitclaim Deed from Individual to Two Individuals in Joint Tenancy
About this form
The Quitclaim Deed from Individual to Two Individuals in Joint Tenancy is a legal document used to transfer property ownership from one individual (the Grantor) to two individuals (the Grantees) who will hold the property together in joint tenancy. This type of deed is particularly useful when the Grantor wishes to convey the property without making any guarantees against title defects. The unique aspect of this form is that it establishes joint tenancy, which includes the right of survivorship, allowing one tenant to inherit the otherâs share upon death.
What’s included in this form
- Identification of the Grantor and Grantees, including their names and addresses.
- Legal description of the property being transferred.
- A statement of the Grantorâs intent to convey the property.
- Reservation clause for oil, gas, and minerals, if applicable.
- Signature lines for the Grantor and notary acknowledgment.
When to use this form
This form is appropriate to use when an individual wishes to transfer property to two other individuals, granting them joint ownership. It may be used in situations such as family property transfers, estate planning, or gifting property while retaining a reservation of mineral rights.
Who can use this document
- Individuals looking to transfer real estate to two joint owners.
- Property owners who wish to simplify property ownership among family or friends.
- Those involved in estate planning who want to ensure property transfers upon death.
Steps to complete this form
- Identify the parties by filling in the names and addresses of the Grantor and Grantees.
- Specify the property by including a detailed legal description and the tax parcel number.
- State the Grantor's intent to convey the property without warranties.
- Enter the date of the transfer and sign the document in front of a notary public.
- Ensure that any reservations, such as mineral rights, are clearly stated.
Does this document require notarization?
To make this form legally binding, it must be notarized. Our online notarization service, powered by Notarize, lets you verify and sign documents remotely through an encrypted video session.
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Typical mistakes to avoid
- Not providing a complete legal description of the property.
- Failing to include necessary signatures or notary acknowledgment.
- Overlooking the reservation of rights if applicable.
- Not complying with state-specific tax exemption requirements.
Benefits of using this form online
- Convenience of filling out the form from home.
- Editability allows users to customize the document before printing.
- Access to professionally drafted templates that comply with legal standards.
Legal use & context
- A quitclaim deed is commonly used to transfer property without guarantees, making it ideal for informal transactions.
- This form does not ensure a clear title, so it's important to know the current ownership status of the property.
- Legal counsel is recommended for significant transactions to ensure proper handling and compliance with local laws.
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FAQ
But you might be wondering if an owner can transfer a deed to another person without a real estate lawyer. The answer is yes. Parties to a transaction are always free to prepare their own deeds.A quitclaim deed, for example, is far simpler than a warranty deed.
There will be a $30 recording fee. If you prepare a quitclaim deed using the Do-It-Yourself Quitclaim Deed (after Divorce) tool, detailed instructions on what to do next will print out along with the deed.
In Michigan, a quit claim deed must be signed by a witness, in addition to the notary, to make it legal.After all required signatures are collected and notarized, file the document with your local register of deeds to complete the transaction.
Michigan uses quitclaim deed Form 863, which is different in each county, so make sure to get the form at the office or website of the County Register of Deeds in the county where the property is located.
