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The buyer, or grantee, of a property benefits the most from obtaining a warranty deed. Through the recording of a warranty deed, the seller is providing assurances to the buyer should anything unexpected happen.
Is a warranty deed the same as a deed in Michigan?
The Michigan warranty deed is a form of deed that provides an unlimited warranty of title. It makes an absolute guarantee that the current owner has good title to the property. The warranty is not limited to the time that the current owner owned the property.
How much is a warranty deed in Michigan?
The fee, set forth in state law, is $30 per document.
How much does it cost to file a deed in Michigan?
The fee to record a real estate document is $15.00 for the first page and $3.00 for each additional page or side. The fee for the first page includes a $4.00 State Remonumentation fee.
What is a warranty deed in Michigan?
Warranty Deeds With a warranty deed, the grantor (seller) warrants that they have good title to the property and that they have a right to sell the property to the grantee (buyer). Good title means that there are no liens, conditions, or restrictions on the property.
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Warranty Deeds With a warranty deed, the grantor (seller) warrants that they have good title to the property and that they have a right to sell the property to the grantee (buyer). Good title means that there are no liens, conditions, or restrictions on the property.
Who benefits the most from a warranty deed?
The buyer, or grantee, of a property benefits the most from obtaining a warranty deed. Through the recording of a warranty deed, the seller is providing assurances to the buyer should anything unexpected happen.
Is a warranty deed the same as a deed in Michigan?
The Michigan warranty deed is a form of deed that provides an unlimited warranty of title. It makes an absolute guarantee that the current owner has good title to the property. The warranty is not limited to the time that the current owner owned the property.
Does a deed have to be recorded to be valid in Michigan?
The deed does not need to be recorded in the office of the County Recorder of Deeds in order to be valid between the grantor and the grantee. However, it is still very important to record the deed. Recording the deed establishes priority and the sequence of ownership.
Is a warranty deed the same as a deed in Michigan?
The Michigan warranty deed is a form of deed that provides an unlimited warranty of title. It makes an absolute guarantee that the current owner has good title to the property. The warranty is not limited to the time that the current owner owned the property.
Related links
Home - BLM GLO Records
We have a variety of Land Patents on our site, including Cash Entry, Homestead and Military Warrant patents. Survey Plats and Field Notes. Sample Plat Survey
Act 103 of 1937. 565.201 Requirements for recording with register of deeds. Sec. 1. (1) A register of deeds shall not receive for recording an instrument
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