A Michigan Deed form is a legal document used to transfer ownership of real property from one party to another. This form outlines the details of the transaction, including the names of the parties involved and a description of the property. Understanding this form is essential for anyone looking to buy or sell property in Michigan.
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Michigan Warranty Deed Template
This Warranty Deed is made on this ____ day of ____________, 20____, by and between:
Grantor: _______________________________________ (Name of Seller) Address: _______________________________________ (Address of Seller)
and
Grantee: _______________________________________ (Name of Buyer) Address: _______________________________________ (Address of Buyer)
This deed is intended to convey real property located in the County of _______________, State of Michigan, and described as follows:
Property Description: _____________________________________________________________________ _____________________________________________________________________ _____________________________________________________________________
The Grantor, for and in consideration of the sum of $_____________ (amount of consideration), the receipt of which is hereby acknowledged, does hereby grant, convey, and warrant to the Grantee the above-described real estate.
This deed is executed pursuant to the applicable statutes of the State of Michigan, particularly including but not limited to sections of the Michigan Compiled Laws pertaining to conveyances.
IN WITNESS WHEREOF, the Grantor has executed this Deed as of the day and year first above written.
Grantor's Signature: ____________________________ Grantor's Printed Name: _______________________ Date: ____________
Witness: _______________________________________ Date: ____________
Notary Public: State of Michigan, County of ________________ Subscribed and sworn to before me this ____ day of ____________, 20____.
Notary Signature: ____________________________ Notary Public Printed Name: ___________________ My Commission Expires: _____________
Ensure you have the correct type of deed for your transaction. Common types include warranty deeds, quitclaim deeds, and grant deeds.
Identify all parties involved clearly. This includes the grantor (seller) and grantee (buyer). Use full legal names to avoid confusion.
Provide a complete legal description of the property. This should match the description found in the property’s title or previous deeds.
Include the property’s address. This helps in identifying the location and can assist in future transactions.
Check for any liens or encumbrances on the property. You may need to address these before completing the deed.
Sign the deed in the presence of a notary public. This step is crucial for the deed to be legally binding.
File the deed with the appropriate county clerk’s office. This ensures that the transfer of ownership is officially recorded.
Keep a copy of the signed and notarized deed for your records. This can be important for future reference or disputes.
Consider consulting with a real estate attorney if you have questions or if the transaction is complex. Professional guidance can prevent mistakes.
Be aware of any transfer taxes or fees that may apply when filing the deed. Budget for these costs to avoid surprises.
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After completing the Michigan Deed form, you will need to file it with the appropriate county register of deeds. This step is crucial to ensure that the transfer of property is officially recorded. Follow the steps below to accurately fill out the form.