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Michigan Quit Claim Deed Template PDF Free Download
What Is a Michigan Quitclaim Deed?
In the State of Michigan, a quitclaim deed is used to transfer ownership in real estate to a new owner from the seller or previous owner.
This document conveys the interest of a property from one property owner to the next without any guarantees on the title.
This means that the ownership interest may be transferred without the buyer knowing whether the seller has the legal authority to sell it.
A quitclaim deed is usually used for a property transfer between family members, such as transferring property from a joint tenancy with the right of survivorship between spouses to a property owned by one spouse only, transferring a property into a living trust, or removing an ex-spouse’s name from a deed after a divorce.
A buyer should ensure that the title of a property is clear by conducting a thorough title search to ensure that there are no title issues and the property they will be purchasing or receiving is free of encumbrances.
Suppose you’re looking instead to transfer property in a way that protects the new buyer.
In that case, you should consider a different type of deeds, such as a general warranty deed or a covenant deed (special warranty deed).
Laws
Property Transfer Affidavit – Required to be attached to the quitclaim deed.
Recording – The quitclaim must be completed by filing with the Michigan Registry of Deeds.
Signing (§ 565.201) – Required to be signed with the Grantor(s) in front of a Notary Public.
Statute (§ 565.152) – Must have the specific language “A.B. quitclaims to C.D. (here describe the premises) for the sum of (here insert the consideration)”.
How to Write a Michigan Quitclaim Deed
To write a quitclaim deed form, you will need to provide the following information:
Preparer’s name and address
Name and address of the person to whom the recorded deed should be sent
County where the real property is located
Grantor’s name and address
Grantee’s name and address
The consideration paid for the property
The legal description of the property
Grantor’s signature
Notary public’s signature, notary ID number, date commission expires, and notary seal
How to File a Michigan Quitclaim Deed
Once the quitclaim deed has been signed in front of a notary, it should be submitted to the Michigan Register of Deeds Office where the property is located.
This ensures that the property transfer is a matter of public record.
Before a deed can be recorded, a property transfer tax must be paid.
Consult your County Register to find out the amount of the real estate transfer tax.
| Author | – |
| Language | English |
| No. of Pages | 2 |
| PDF Size | 1 MB |
| Category | Form |
| Source/Credits | eforms.com |
Michigan Quit Claim Deed Template PDF Free Download