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I would like to prepare a Quit Claim Deed to be filed in Michigan. What details need to be in it?

I would like to prepare a Quit Claim Deed to be filed in Michigan. What details need to be in it? Topic: Research document sample
July 15, 2019 / By Breanna
Question: I know the county, legal description, title of the document, notary and witnesses need to be on it. I need to know exactly what the fee is if the property is being transferred for the "consideration of $1". Any details you can provide would be great. Hopefully there is someone who works for the Registrar of Deeds office that can help. (Or a paralegal willing to give free advice). Thanks It's a quit claim deed joint tenants in common, both single, one is releasing their interest in the property to the other. Couldn't find a lawyer that is willing to touch it for less than $250. HERE IS A COPY OF WHAT I CAME UP WITH AFTER RESEARCH IF ANYONE IS INTERESTED: Quit Claim Deed I, _____________ an unmarried man, whose address is ______________, for and in consideration of the sum of one dollar ($1) receipt of which is hereby acknowledged, does hereby convey and quit claims unto ____________________ an unmarried woman, whose address is ________________________ all interest I have in the following lands and property, together with improvements located thereon, lying in the County of Wayne, Township of ________________________ State of Michigan, with the following legal description: _______________________________________... This document is exempt from County Real Estate Transfer Tax under Act #134 of 1996 MCLA 207.505 section 5(a) and from State Real Estate Transfer Tax under Act #330 of 2003 MCLA 207.526 section 6(a). Dated this ____ day of _______________, 2011. Signed, sealed and delivered in the _____________________________ presence of : S
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Best Answers: I would like to prepare a Quit Claim Deed to be filed in Michigan. What details need to be in it?

Aletha Aletha | 4 days ago
MI deeds have recording fees based on the actual consideration not the $1 stated in the deed header. Pretty good rule of thumb is that if you aren't sure; spend $50 and have a lawyer do it. Tenancy of the owners is important. Why it is a quit claim and what interest is being released matters a lot if this is a QC of a land contract interest. Local guys do deeds for $75. Go figure. The QC in MI is county specific for details. Check with the county; here is a Genesee county sample deed from their website. Might be recording fee exempt. If you aren't doing a lawyer, try the recorder website. Should be some info there
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Aletha Originally Answered: When owning an Indiana property with others, do I need all owners to sign when I want to do a Quit Claim Deed?
It completely depends on how the property is titled. A quit claim deed only serves to relinquish interest (ownership) in a property, thus needs no acceptance from other owners. When you own property with others the deed is titled as a "joint tenancy" or as a "tenancy in common". A joint tenancy allows each owner to own a specific percentage of the property and allows them to transfer their ownership at will. A tenancy in common is ownership without distinctive ownership where no single owner owns a larger share than the other and the only way the property can be transferred to another is if everyone agrees (and as a result would require a new deed to be written). If you are looking to transfer your ownership to someone who is not already on the title you can't use a quit claim deed. But if you are trying to transfer ownership to someone who is on the title you can only do so if the property is already titled as a joint tenancy, other wise your interest in the property will be split evenly amongst the other owners
Aletha Originally Answered: When owning an Indiana property with others, do I need all owners to sign when I want to do a Quit Claim Deed?
First of all a Quit Claim Deed is used when a person is giving their legal rights and responsibilities up regarding the property. It is not to transfer partial ownership from one person to another. Since there are 5 people on the title,as joint tenants, all 5 people would have to agree to allow another person to be a joint tenant. The joint tenant who wants to quit claim his rights and responsibilities has no say in what the other 4 tenants decide. The quit claim deed is signed by the person wanting it and must be signed in front of a Notary. The other joint tenants do not sign the quit claim deed. The quit claim deed then needs to be recorded.
Aletha Originally Answered: When owning an Indiana property with others, do I need all owners to sign when I want to do a Quit Claim Deed?
A quit claim deed only deeds any ownership you may have in the property to someone else, all other ownership stakes are unaffected by this; so only you need to sign the deed. If the owners are and husband and wife who own via "tenancy by the entirety" this is a type of ownership where they equally own the property. In this case one cannot deed the property to someone else without the others permission so in this case a quitclaim deed is meaningless without both people signing.

Tubal-Cain Tubal-Cain
This Site Might Help You. RE: I would like to prepare a Quit Claim Deed to be filed in Michigan. What details need to be in it? I know the county, legal description, title of the document, notary and witnesses need to be on it. I need to know exactly what the fee is if the property is being transferred for the "consideration of $1". Any details you can provide would be great. Hopefully there is someone who...
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Tubal-Cain Originally Answered: Quick Claim Deed, Am I Screwed?
As you can probably tell by the variety of answers already offered, the answer to your question depends on: * The precise facts of your mother's case and what documentation she has regarding the sale * The state statutes and case law in your mother's state. The very best answer your mother can obtain is by taking all of the documents she has regarding the sale to a lawyer in her state who has experience litigating property issues. This is a bit of a specialty, so your mother will need to ask for several referrals before she finds a lawyer with this experience. Do not let the the answers here give you false hope or despair. Your mother needs the help of a professional who can review all of the facts, including those you didn't share.
Tubal-Cain Originally Answered: Quick Claim Deed, Am I Screwed?
In my state a seller/lender is required to file a "full reconveyance" (release) with the county recorder within 30 days after the property has been paid off. So yes he is required to sign over the release. Go ask the seller to file the reconveyance. If he doesn't your mother will have to file a "quite title" lawsuit to get the property out of the seller's name and into her name.

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