Detroit Michigan Discharge of Real Estate Retention Agreement (Single Person)

• Category: Michigan Releases and Waivers
• State: Michigan
• City: Detroit
• Control #: MI-LR055T
• Format: Word; Rich Text

Description

This form discharges the retention agreement entered into by a single person. This original agreement is recorded as a lien against the property for which assistance is provided. The Detroit Michigan Discharge of Real Estate Retention Agreement (Single Person) is a legal document that provides individuals with the ability to release the retention rights they have over a property in Detroit, Michigan. This agreement is applicable specifically to single individuals who have previously retained a property but now wish to discharge those rights. It is essential to mention the city, Detroit, and the state, Michigan, which indicates the jurisdiction of this agreement. The purpose of this document is to legally release any previously asserted retention rights, allowing the property to be transferred or sold to another party without any encumbrances or restrictions. This agreement ensures that the property can be freely conveyed and that the single person no longer retains any claim or ownership interest over it. The Detroit Michigan Discharge of Real Estate Retention Agreement (Single Person) outlines the details of the property, such as its address and legal description, to clearly identify the specific property being discharged. It also includes the name and contact information of the single person releasing their retention rights. Additionally, this agreement may specify any consideration or payment involved in the release of retention rights, if applicable. It is important to note that consultant with a real estate attorney is always a good idea to ensure compliance with local laws and regulations, and to address any specific concerns or circumstances. Different types or variations of the Detroit Michigan Discharge of Real Estate Retention Agreement (Single Person) may exist, depending on factors such as the specific circumstances of the retention rights or any additional agreements between the parties involved. However, the basic purpose and structure of the agreement will remain the same.

The Detroit Michigan Discharge of Real Estate Retention Agreement (Single Person) is a legal document that provides individuals with the ability to release the retention rights they have over a property in Detroit, Michigan. This agreement is applicable specifically to single individuals who have previously retained a property but now wish to discharge those rights. It is essential to mention the city, Detroit, and the state, Michigan, which indicates the jurisdiction of this agreement. The purpose of this document is to legally release any previously asserted retention rights, allowing the property to be transferred or sold to another party without any encumbrances or restrictions. This agreement ensures that the property can be freely conveyed and that the single person no longer retains any claim or ownership interest over it. The Detroit Michigan Discharge of Real Estate Retention Agreement (Single Person) outlines the details of the property, such as its address and legal description, to clearly identify the specific property being discharged. It also includes the name and contact information of the single person releasing their retention rights. Additionally, this agreement may specify any consideration or payment involved in the release of retention rights, if applicable. It is important to note that consultant with a real estate attorney is always a good idea to ensure compliance with local laws and regulations, and to address any specific concerns or circumstances. Different types or variations of the Detroit Michigan Discharge of Real Estate Retention Agreement (Single Person) may exist, depending on factors such as the specific circumstances of the retention rights or any additional agreements between the parties involved. However, the basic purpose and structure of the agreement will remain the same.