This form is a Quitclaim Deed where the grantors are husband and wife and the grantee is an individual. Grantors convey and quitclaim the described property to grantee less and except all oil, gas and minerals, on and under the property owned by Grantors, if any, which are reserved by Grantor. This deed complies with all state statutory laws.
A Quitclaim Deed is a legal document commonly used in Lansing, Michigan to transfer ownership of a property from a husband and wife to an individual. This type of deed is mainly employed when the couple wishes to convey their joint interest in the property to a single person, effectively eliminating their ownership rights and any claims they may have on the property. In Lansing, Michigan, there are several variations of Quitclaim Deeds from Husband and Wife to an Individual, each with specific purposes and considerations: 1. Standard Lansing Michigan Quitclaim Deed from Husband and Wife to an Individual: This is the most common type of Quitclaim Deed used when a couple, as joint owners, wants to transfer their ownership to a single individual. It legally extinguishes their interest in the property, and the individual becomes the sole owner. 2. Lansing Michigan Quitclaim Deed from Husband and Wife to an Individual with Rights of Survivorship: In this case, the Quitclaim Deed includes a provision that upon the death of one spouse, the surviving spouse retains full ownership of the property. This ensures that the property passes directly to the surviving spouse, avoiding probate and potential complications. 3. Lansing Michigan Quitclaim Deed from Husband and Wife to an Individual without Warranty: This type of Quitclaim Deed indicates that the couple is transferring their ownership without providing any warranties or guarantees about the title's validity or any potential encumbrances. The individual receiving the property assumes the risk associated with potential title issues. 4. Lansing Michigan Quitclaim Deed from Husband and Wife to an Individual with a Lien or Mortgage: If the couple has a lien or mortgage on the property, this type of deed is used to transfer ownership to an individual with full knowledge and acceptance of the outstanding debt. The individual becomes responsible for satisfying the existing lien or mortgage. It is essential to consult with an experienced real estate attorney or legal professional when preparing and executing any Quitclaim Deed in Lansing, Michigan. They can guide you through the process, ensure compliance with state laws, and address any specific circumstances or concerns related to the transfer of ownership.A Quitclaim Deed is a legal document commonly used in Lansing, Michigan to transfer ownership of a property from a husband and wife to an individual. This type of deed is mainly employed when the couple wishes to convey their joint interest in the property to a single person, effectively eliminating their ownership rights and any claims they may have on the property. In Lansing, Michigan, there are several variations of Quitclaim Deeds from Husband and Wife to an Individual, each with specific purposes and considerations: 1. Standard Lansing Michigan Quitclaim Deed from Husband and Wife to an Individual: This is the most common type of Quitclaim Deed used when a couple, as joint owners, wants to transfer their ownership to a single individual. It legally extinguishes their interest in the property, and the individual becomes the sole owner. 2. Lansing Michigan Quitclaim Deed from Husband and Wife to an Individual with Rights of Survivorship: In this case, the Quitclaim Deed includes a provision that upon the death of one spouse, the surviving spouse retains full ownership of the property. This ensures that the property passes directly to the surviving spouse, avoiding probate and potential complications. 3. Lansing Michigan Quitclaim Deed from Husband and Wife to an Individual without Warranty: This type of Quitclaim Deed indicates that the couple is transferring their ownership without providing any warranties or guarantees about the title's validity or any potential encumbrances. The individual receiving the property assumes the risk associated with potential title issues. 4. Lansing Michigan Quitclaim Deed from Husband and Wife to an Individual with a Lien or Mortgage: If the couple has a lien or mortgage on the property, this type of deed is used to transfer ownership to an individual with full knowledge and acceptance of the outstanding debt. The individual becomes responsible for satisfying the existing lien or mortgage. It is essential to consult with an experienced real estate attorney or legal professional when preparing and executing any Quitclaim Deed in Lansing, Michigan. They can guide you through the process, ensure compliance with state laws, and address any specific circumstances or concerns related to the transfer of ownership.