This form is a Warranty Deed where the Grantor is an Individual and the Grantee is also an Individual. Grantor conveys and warrants the described property to the Grantee. This deed complies with all state statutory laws.
Michigan Warranty Deed - One Individual to Two Individuals
Category:
State:
Michigan
Control #:
MI-021-78
Format:
Word;
Rich Text
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FAQ
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.
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.
A personal representative deed and warranty deed are the same only in that they both convey ownership of land. The types of title assurance that the different deeds provide to the new owner are very different.
To add a co-owner, the bank would have to create a new home loan agreement, which must be registered after paying the due stamp duty and registration charges. The bank would also insist on making the co-owner a co-borrower in the home loan applicable.
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.
Michigan laws allow an individual to add another person to their property deed through the use of a quitclaim deed. A quitclaim deed is used when a property owner wants to transfer ownership and all rights to a property to another individual or group of individuals.
To sign over property ownership to another person, you'll use one of two deeds: a quitclaim deed or a warranty deed.
In most states you can file a disclaimer or deed of disclaimer that says specifically you were placed in title without your knowledge or consent and disclaim the deed.
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.