The quitclaim deed simply transfers any interest they may have to the other party. Because of the lack of title guarantees, quitclaim deeds are most often used to transfer property between two parties who know and trust each other, such as family members.
What is a grant deed in Michigan?
Grant deeds are a common form of deed used for selling property. The grantor, or grantors if there is more than one, is required to sign a grant deed, and the signatures must be docHubd by a notary public or other official authorized by law to administer oaths.
What is required for a valid deed in Michigan?
Michigan deeds must meet the following content requirements: Grantor and grantee names and address. A Michigan deed must identify the current owner making the transfer (the grantor) and the new owner receiving the property (the grantee). The grantees mailing address must also be listed in the deed.
What is the difference between a title and a deed in Michigan?
The title to a house is a legal concept that establishes your ownership of the property and gives you certain rights to it. The deed is a legal document that transfers ownership of a property from a seller to a buyer.
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by RW Aigler 1920 This Response or Comment is brought to you for free and open access by the Faculty Scholarship at University of. Michigan Law School Scholarship Repository.
Cited by 225 NOTICE: The project that is the subject of this report was approved by the Govern- ing Board of the National Research Council, whose members are drawn from
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