Structure
The Michigan Quitclaim Deed form serves as a vital legal document for property transfers within the state. This form allows a property owner, known as the grantor, to convey their interest in real estate to another party, referred to as the grantee, without making any warranties about the title. Unlike other deed types, the quitclaim deed does not guarantee that the grantor holds clear title to the property; instead, it simply transfers whatever interest the grantor may have. This makes it a popular choice for transactions among family members, divorcing couples, or situations where the property’s title history is not in dispute. Additionally, the Michigan Quitclaim Deed must be properly completed, signed, and notarized to be legally effective. It is also important to record the deed with the county register of deeds to protect the new owner's rights and interests. Understanding these key elements can help individuals navigate the property transfer process more effectively.
Form Example
Michigan Quitclaim Deed
This Quitclaim Deed, executed this ____ day of ___________, 20____, by _________________________ (the "Grantor(s)"), whose address is __________________________________________________, does hereby convey and quitclaim to _________________________ (the "Grantee(s)"), whose address is __________________________________________________, for the sum of $____________ (Dollars) and other valuable consideration, the following described premises situated in the County of _________________, State of Michigan, to wit:
Description of Property: ____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
This conveyance is made subject to all visible or recorded easements, restrictions, reservations, and rights of way of record, if any affecting the herein described property.
The Grantor(s) makes no representation or warranty, express or implied, as to the title of the property herein described and is conveying and transferring to the Grantee(s) whatever interest the Grantor(s) may have in the said property by a Quitclaim Deed, pursuant to Michigan law.
IN WITNESS WHEREOF, the Grantor(s) has/have executed this Deed on the date first above written.
____________________________________
Signature of Grantor
____________________________________
Print Name of Grantor
State of Michigan
County of ________________
This document was acknowledged before me on (date) _________________ by _________________________ (name(s) of Grantor(s)).
____________________________________
Signature of Notarial Officer
____________________________________
Print Name of Notarial Officer
My commission expires: _______________
Preparer Information:
Name: ___________________________________
Address: ___________________________________________________
Phone Number: ___________________________________
This document is not valid until recorded with the appropriate county recorder's office.
Document Properties
| Fact Name | Description |
|---|---|
| Definition | A quitclaim deed is a legal document that transfers ownership of real estate from one party to another without any warranties. |
| Use | This form is commonly used to transfer property between family members, in divorce settlements, or to clear up title issues. |
| Governing Law | In Michigan, quitclaim deeds are governed by the Michigan Compiled Laws, specifically Section 565.25. |
| Requirements | The deed must be in writing, signed by the grantor, and notarized to be valid. |
| Consideration | While consideration (payment) is not required, it is often included for tax purposes. |
| Recording | To protect your interest, the quitclaim deed should be recorded with the county register of deeds. |
| Tax Implications | Transferring property using a quitclaim deed may trigger property transfer taxes in Michigan. |
| Limitations | A quitclaim deed does not guarantee that the grantor has good title or that the property is free of liens. |
| Legal Advice | It is advisable to consult with a lawyer before using a quitclaim deed to ensure it meets your needs. |
Popular Michigan Templates
How to Write Bill of Sale for Trailer - Signing an RV Bill of Sale may be a requirement in many states to complete the sale legally and properly.
The Illinois Operating Agreement form is a crucial document that outlines the management structure and operational procedures of a limited liability company (LLC) in Illinois. This agreement helps define the rights and responsibilities of members, ensuring smooth business operations. For more information, you can visit Illinois PDF Forms and get started with your form today.
Purchase Agreement Michigan Template - The agreement serves not just as a contract, but as a guide through the complex process of buying or selling real estate.