Michigan Quitclaim Deed (Short Form) is a legal document used for transferring ownership of real property in the state of Michigan. This type of deed is commonly used when the transfer of ownership is between trusted parties, and there is no need for extensive warranties or guarantees. A Michigan Quitclaim Deed (Short Form) typically includes the following key elements: the names and addresses of the granter (the current owner) and the grantee (the new owner), a legal description of the property being transferred, and the signature of the granter. This document essentially conveys any ownership interest the granter may have in the property to the grantee. Using a Quitclaim Deed (Short Form) in Michigan allows for a quick and efficient transfer of property without the need for a lengthy title search or title insurance. Unlike other types of deeds that guarantee the grantee's ownership rights, a quitclaim deed transfers only the granter's interest, if any, in the property. While the Michigan Quitclaim Deed (Short Form) is the most commonly used version, there are additional types available to suit specific circumstances. These may include: 1. Michigan Enhanced Life Estate Deed: Also known as a "Lady Bird Deed" or a "Transfer on Death Deed," this variant allows the granter to retain ownership rights and control over the property during their lifetime, while designating a beneficiary who will automatically inherit the property upon their death. 2. Michigan Joint Tenancy Deed: This type of deed is used when two or more individuals own property jointly. Upon the death of one owner, their interest automatically transfers to the surviving owners, bypassing the probate process. 3. Michigan Warranty Deed: Unlike a quitclaim deed, a warranty deed provides the grantee with a guarantee that the granter has valid title to the property and the right to convey it. This type of deed offers the highest level of protection to the grantee. In conclusion, a Michigan Quitclaim Deed (Short Form) is a simple, yet effective, legal document for transferring ownership of real estate in Michigan. It provides an expedited method of transferring property rights without the need for extensive warranties and guarantees. However, it is always advisable to consult with an attorney or real estate professional to ensure that the specific deed type suits the desired transfer and individual circumstances.
Michigan Quitclaim Deed (Short Form)
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How to fill out Michigan Quitclaim Deed (Short Form)?
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RECORDING REQUIREMENTS Documents must be on white paper with black ink and have a 10-point minimum type size. The title or type of document must be identified on the first line of print. The property tax identification number and the commonly known address of the property should be on the document.
Each county's form requires the same basic information, including the names and addresses of the grantee and grantor, the property description (which you can get from a prior deed to the property or from the County Register of Deeds Office), and the amount of money being exchanged for the property.
The grantor is the owner transferring the real estate, while the grantee is the individual or organization receiving the property. In Michigan, a deed must be signed by the grantor, notarized, and recorded to the Register of Deeds for the property transfer to be considered valid and effective.
Witnesses are no longer required for recording a document. The following documents require a notary: Warranty Deed. Quit Claim Deed.
If you wish to remove someone from a deed, you will need their consent. This can be done by recording a new deed, which will require their signature. If the person in question is deceased, you will need their death certificate and a notarized affidavit along with the new deed.
You can prepare a quitclaim deed using the Do-It-Yourself Quitclaim Deed (after Divorce) tool. If you are the person giving your share of the property to your ex-spouse, sign the quitclaim deed in front of a notary. Then give the quitclaim deed to your ex-spouse or your ex-spouse's lawyer.
If the person to be removed is alive, then you will need a court order or their cooperation such that you can record a new deed that removes them. Quitclaim and warranty deeds are common solutions. If an owner of a property has passed away, you will need to transfer the property to the living owners.
Michigan Quit Claim Deed Form The applicant using the Michigan Quit Claim Form has to fill in the file number, name of drafter and person to return the form to ?when recorded.? Next, the seller fills in his name and address. The seller ?quit claims? to property, address and county in Michigan.
