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The Act provides that the due on sale clause is unenforceable if the title is transferred to an heir, if the property is transferred in the event of a divorce, or if the property is transferred to a living revocable trust.
If you are the person transferring your property to your ex-spouse, you must sign the quitclaim deed in front of a notary. Then give the deed to your ex-spouse. Your ex-spouse will need to sign the deed and take it to be recorded at the Register of Deeds.
If there is a title deed in the name of the previous owner, you would need a lawyer, called a conveyancing attorney, to transfer the title deed into your name. The conveyancing attorney sees to it that the title deed is signed into your name by the Registrar of Deeds and files a copy in the Deeds Office.
The Michigan quitclaim deed form gives the new owner whatever interest the current owner has in the property when the deed is signed and delivered. It makes no promises about whether the current owner has clear title to the property.
There are several types of deeds allowed under Michigan law. Quitclaim deeds are the easiest and least expensive deeds to use for transferring property because you dont need to conduct a title search.
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How to Transfer Michigan Real Estate Find the most recent deed to the property. It is helpful to begin by locating the most recent deed to the property (the deed that transferred the property to the current grantor). Create the new deed. Sign and docHub the deed. File the deed in the county land records.
A quitclaim deed to LLC is actually a very simple process. You will need a deed form and a copy of the existing deed to make sure you identify titles properly and get the legal description of the property.
That it be signed by the grantor; That the grantors signature be witnessed by a notary, who must acknowledge and seal the deed; That the deed be delivered and accepted by the grantee.
Contact Your Lender. Form an LLC. Obtain a Tax ID Number and Open an LLC Bank Account. Obtain a Form for a Deed. Fill out the Warranty or Quitclaim Deed Form. Sign the Deed to Transfer Property to the LLC. Record the Deed. Change Your Lease.
Quitclaim deeds lack certain protections and promises found in other types of deed to real property. Because of this, they should only be used under certain circumstances. These include transferring real estate between close family members, for instance, from a parent to a child.

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