Michigan Gift Deed of Mineral Interest with No Warranty
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How to fill out Gift Deed Of Mineral Interest With No Warranty?
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FAQ
Transfer by deed. If you want to sell the mineral rights to another person, you can transfer them by deed. You will need to create a mineral deed and have it recorded. You should check with the county Recorder of Deeds in the county where the land is located and ask if a printed mineral deed form is available to use.
Quitclaim Deed A deed used to transfer any interest in real property that the grantor may have. It contains no warranties of any kind.
How do I add someone to my deed? We recommend that you consult an attorney or real estate professional for assistance in preparing the proper document that will convey the type of interest you want a particular person or entity to have in your property.
Quitclaim Deed This type of deed conveys whatever interest the grantor currently has in the property?if any. No warranties or promises regarding the quality of the title are made. If the grantor has a good title, the quitclaim deed is essentially as effective as a general warranty deed.
How to Create a Michigan Warranty Deed Form The parties' names; An accurate legal description of the property; A statement of consideration; and. The co-ownership form the new owners will use to hold title (if there are multiple new owners).
The completed document will include the purchase price that was paid to the grantor, a description of the property, the contact information for the grantor and grantee, the grantor's signature, and a notary acknowledgment.
The grantor is the owner transferring the real estate, while the grantee is the individual or organization receiving the property. In Michigan, a deed must be signed by the grantor, notarized, and recorded to the Register of Deeds for the property transfer to be considered valid and effective.
RECORDING REQUIREMENTS Documents must be on white paper with black ink and have a 10-point minimum type size. The title or type of document must be identified on the first line of print. The property tax identification number and the commonly known address of the property should be on the document.
