Lady Bird Deed Michigan

Michigan Enhanced Life Estate or Lady Bird Deed - Individual to Two Individuals / Husband and Wife
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Description ladybird deed in michigan

This form is a Quitclaim Deed with a retained Enhanced Life Estate where the Grantor is an individual and the Grantees are two individuals or husband and wife. It is also known as a Lady Bird Deed. Grantor conveys the property to Grantees subject to an enhanced retained life estate. The Grantor retains the right to sell, encumber, mortgage or otherwise impair the interest Grantees might receive in the future, without joinder or notice to Grantees, with the exception of the right to transfer the property by will. This deed complies with all state statutory laws.

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