This form is a Warranty Deed where the grantor is a trust and the grantees are husband and wife. Grantor conveys and warrants the described property to grantees who take the property as tenants by the entireties, joint tenants with the right of survivorship or as tenants in common. This deed complies with all state statutory laws.
Michigan Warranty Deed - Trustee to Husband and Wife
Category:
State:
Michigan
Control #:
MI-020-78
Format:
Word;
Rich Text
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FAQ
A In order to make your partner a joint owner you will need to add his name at the Land Registry, for which there is a fee of £280 (assuming you transfer half the house to him). You won't, however, have to pay capital gains tax, as gifts between civil partners (and spouses) are tax free.
To add your spouse to your property deed: Have your lawyer do a Michigan Quit Claim Deed for you and then record it with your County's Register of Deeds. If you croak before you get it recorded, your property goes into probate, instead of to your spouse.
Adding someone to your house deed requires the filing of a legal form known as a quitclaim deed. When executed and notarized, the quitclaim deed legally overrides the current deed to your home. By filing the quitclaim deed, you can add someone to the title of your home, in effect transferring a share of ownership.
If you've recently married and already own a home or other real estate, you may want to add your new spouse to the deed for your property so the two of you own it jointly. To add a spouse to a deed, all you have to do is literally fill out, sign and record a new deed in your county recorder's office.
Adding someone to your house deed requires the filing of a legal form known as a quitclaim deed. When executed and notarized, the quitclaim deed legally overrides the current deed to your home. By filing the quitclaim deed, you can add someone to the title of your home, in effect transferring a share of ownership.
In California, all property bought during the marriage with income that was earned during the marriage is deemed "community property." The law implies that both spouses own this property equally, regardless of which name is on the title deed.
A trustee deed offers no such warranties about the title.
If you live in a common-law state, you can keep your spouse's name off the title the document that says who owns the property.You can put your spouse on the title without putting them on the mortgage; this would mean that they share ownership of the home but aren't legally responsible for making mortgage payments.
1Laws § 565.151.2Recording (A§ 565.201) Must be filed with the Registry of Deeds.3Signing (A§ 565.8) Must be signed with the Grantor(s) in front of a Notary Public or Officer of the court.4Step 1 Insert the name of the grantor in the first line.5Step 2 Next, fill in the grantor's address.Free Michigan General Warranty Deed Form - \n.com > deeds > michigan-general-warranty-deed-form