Updated April 11, 2024
A Michigan quitclaim deed is a form of deed that can be used to convey real estate from one party to another. It is typically used in “close” situations, such as between a creator of a trust and the trust, between close relatives, etc. The Conveying Party is not guaranteeing anything about the title, not even his or her ownership of the property. This means he or she is merely transferring whatever interest the Grantor may have in the property to another. In any transfer, it’s prudent to have a title search completed so that the interests in the property can be ascertained.
Laws
- Property Transfer Affidavit – Required to be attached to the quitclaim deed.
- Recording – The quitclaim must be completed by filing with the Michigan Registry of Deeds.
- Signing – Required to be signed with the Grantor(s) in front of a Notary Public.[1]
- Statute – Must have the specific language “A.B. quitclaims to C.D. (here describe the premises) for the sum of (here insert the consideration)”.’[2]