Mi Quit Claim Deed Statutory Form 0 2024

Mi Quit Claim Deed Statutory Form 0: What You Should Know

The form is usually completed at the sheriff's office with a personal endorsement or signature by the sheriff. This form may be used to record a quit claim deed if you are a beneficiary of the original deed. This form must be presented to a sheriff and accepted by him as a legal instrument by the owner giving his or her acceptance. The current holder of the deed would be entitled to any interest and rights in the real property conveyed on the quit claim deed which were not previously known to the holder of the original deed. The form is accepted by all parties as a legally effective instrument by which the former owner transfers all of his or her interests in any real property that is the subject of the quitclaim contract. In other words, the person signing the form gives up the right to contest the validity of the original deed. The quitclaim deed is subject to Section 565.152(1) and (2) and it may not be used to transfer any interest in real property that is not subject to real estate taxes. For example, the quitclaim deed should not be used to transfer any interest in land with no mineral property or water rights. The quitclaim deed is often a good option for a landlord who needs to transfer control of property to the tenant. To prevent the owner from reselling the vacant property, the landlord may require the tenant to sign a quitclaim deed in order to transfer ownership of that property. The quitclaim deed has become a common form in Michigan as real estate becomes more popular as an investment.

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