Free Michigan Sales Template in PDF
The Michigan Sales form is a critical document utilized in real estate transactions, specifically designed to facilitate the closing process. This form serves multiple purposes, primarily functioning as a Special Power of Attorney that grants an appointed agent the authority to act on behalf of the seller. Key components of the form include sections for the names and addresses of the parties involved, including the seller and the attorney-in-fact. The form delineates the powers granted to the agent, which encompass the ability to execute various necessary documents such as deeds, contracts, and settlement statements. Furthermore, it provides a legal description of the property being sold, ensuring clarity and specificity. The form also emphasizes the validity of the power of attorney until a revocation is recorded, thus protecting the interests of all parties involved. Witness signatures and notarization are required to authenticate the document, reinforcing its legal standing in the state of Michigan. By understanding the intricacies of the Michigan Sales form, individuals can navigate the complexities of real estate transactions more effectively.
Form Example
Prepared by, recording requested by and return to:
Name:
Company:
Address:
City:
State:Zip:
Phone:
Fax:
SPECIAL POWER OF ATTORNEY
FOR CLOSING REAL ESTATE TRANSACTION
(Agent for Seller)
STATE OF MICHIGAN
COUNTY OF ____________
KNOW ALL MEN BY THESE PRESENT, THAT I ________________________,
whose address is ___________________________________, _______________ (City),
__________________ (State), ________ (Zip), desiring to execute a SPECIAL POWER
OF ATTORNEY, hereby appoint, ______________________________, of
____________________ County, Michigan, as my
GRANTING unto my
To do all things necessary to close on the sale of the property described below, commonly known as
____________________________________________ (address), with full power
and authority for me and in my name to execute any and all documents necessary to effect the sale, conveyance and settlement on said property to any person or persons of his choosing, including but not limited to, deeds, checks, receipts, releases, warranties, affidavits, contracts, addenda, settlement statements, loan commitments and disclosure statements,
The legal description of the property is as follows,
[INSERT DESCRIPTION OR ATTACH EXHIBIT]
I hereby ratify and confirm all that said
All acts done by means of this power shall be done in my name, and all instruments and documents executed by my Attorney hereunder shall contain my name, followed by that of my attorney and the description
DATED this the ________ day of ___________________, 20____.
________________________________
Signature
Print Name: ______________________
_______________________________
Witness
Print Name: _____________________
_______________________________
Witness
Print Name: _____________________
STATE OF MICHIGAN
COUNTY OF _________________
The foregoing instrument was acknowledged before me this
_____________________ (date) by
___________________________________________ (name of person acknowledged).
_____________________________
Notary Public
Printed Name: _________________
My Commission Expires:
____________________
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Document Specs
| Fact Name | Description |
|---|---|
| Purpose | The Michigan Sales Form is used to grant a Special Power of Attorney for closing real estate transactions. |
| Governing Law | This form is governed by Michigan law, specifically the Michigan Compiled Laws (MCL) § 700.5501. |
| Parties Involved | The form requires the names and addresses of the principal (the seller) and the attorney-in-fact (the agent). |
| Property Description | A legal description of the property being sold must be included in the form. |
| Authority Granted | The attorney-in-fact is granted full power to execute documents necessary for the sale, including deeds and contracts. |
| Ratification | The principal ratifies all actions taken by the attorney-in-fact under this power of attorney. |
| Validity | The Special Power of Attorney remains valid until revoked and recorded in the county recorder's office. |
| Notarization Requirement | The form must be acknowledged before a notary public to be legally binding. |
| Witnesses | Two witnesses are required to sign the form, providing additional verification of the principal's intent. |
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