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Michigan Discharge of Real Estate Retention Agreement (Married Couple)

State:
Michigan
Control #:
MI-LR054T
Format:
Word; 
Rich Text
Instant download

Description

This form discharges the retention agreement entered into by a married couple. This original agreement is recorded as a lien against the property for which assistance is provided.

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FAQ

Find the most recent deed to the property. Create the new deed. Sign and notarize the deed. File the deed in the county land records.

For over 150 years, Michigan law held that a 'married woman' had a dower interest in any real estate owned by her husband. The law dictated that a husband could not sell any of his real estate without the signature and consent of his spouse.

To remove a deceased party from a Michigan real estate deed, submit a certified copy of the death certificate along with the new instrument of conveyance stating survivor of in the grantor section, or show by liber and page or instrument number reference that the death certificate has been recorded in the Register of

Affidavit must be filed by the new owner with the assessor for the city or township where the property is located within 45 days of the transfer. The information on this form is NOT CONFIDENTIAL.

Identify the donee or recipient. Discuss terms and conditions with that person. Complete a change of ownership form. Change the title on the deed. Hire a real estate attorney to prepare the deed. Notarize and file the deed.

In accordance with Michigan State Law, a Property Transfer Affidavit must be filed with the local assessor's office whenever real estate or some types of personal property transfer ownership (a transfer of ownership is generally defined as: a conveyance of title to, or present interest in, a property, including

It will depend what state the property is in. For example, the minimum fee payable when changing the title to have someone removed from a property title in NSW is $133.48. This fee must be paid to the NSW Government Land & Property Information Department.

A home seller can write a kick-out clause on the real estate purchase contract. Kick out clause is a clause that will permit the seller to accept another purchase offer from another home buyer during a specific time period. This will enable the home seller to cancel a real estate purchase contract.

A Property Transfer Affidavit is a form that notifies the local taxing authority of a transfer of ownership of real estate.The law requires a new owner to file this within 45 days after a transfer of ownership.

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Michigan Discharge of Real Estate Retention Agreement (Married Couple)