Notice of Option for Recording - Michigan 2026

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  1. Click ‘Get Form’ to open the Notice of Option for Recording in our editor.
  2. Begin by filling in the 'Prepared by, recording requested by and return to' section. Enter the name, company, address, city, state, phone, fax, and zip code as required.
  3. In the 'MEMORANDUM AND NOTICE OF OPTION TO PURCHASE' section, specify the names of the Seller(s) and Buyer(s) along with the date of agreement.
  4. Detail the property location in ____ County and provide a description in 'SEE ATTACHED EXHIBIT'.
  5. Indicate the option period by filling in the number of years and start/end dates.
  6. Complete the witness signatures and notary sections at the end of the document to finalize your form.

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Eligibility for Recording The document must be: Legibly printed or typed in black ink, type size 10pt, white 20lb paper with a blank margin of 2 1/2 at the top of the first page and 1/2 on all other margins. Paper size must be 8 1/2 x 11 and not larger than 8 1/2 x 14. Signatures may be in black or blue ink.
A deed-in-lieu of foreclosure is an arrangement where you voluntarily turn over ownership of your home to the lender to avoid the foreclosure process. A deed-in-lieu of foreclosure may be an option if you are trying to move out of your home and avoid foreclosure.
Recording Fees Regardless of the number of pages, all documents will cost $30 to record, this cost is inclusive of Michigan Remonumentation and Register of Deeds Automation fees.
0:07 1:41 Search you can uncover any existing claims restrictions or legal problems associated with theMoreSearch you can uncover any existing claims restrictions or legal problems associated with the property. Remember that a clear title is crucial for a successful real estate transaction.
Consent Requirement: All parties involved in the conversation must give their consent to be recorded. If any party does not agree to the recording, then it is illegal to proceed with the recording.

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