Bad Axe, MI 48413 A Michigan deed is a legal document used to convey property from an owner to a purchaser in Michigan. It doesn't matter whether money was exchanged or not. Fax Number: 989-734-0506 415 Third Street Uniform Commercial Code Section It's revocable. If so, the change in title might trigger an obligation to repay the remaining debt in full, or demand a refinancing agreement to add the new owner to the note. Phone Number: 989-354-9547 Leave the notary section blank. Fax Number: 616-632-7615 Fax Number: 517-676-7287 https://www.co.hillsdale.mi.us/index.php/tm-gov/tsm-gov-deeds, Houghton County Register of Deeds Next, obtain a quitclaim form from the county recorders office where the property is located. Fax Number:231-839-3684 You may have to fill out a form to have the deed officially recorded, as well as pay a small fee. In order to accomplish this, you can't just pen in the name on your deed. Transferring ownership of a house also means your property will likely be reassessed for tax purposes. Email: deeds@co.muskegon.mi.us Phone Number: 989-426-7551 Phone Number: 231-258-3315 Phone Number: 269-657-8242 Box 303 Phone Number: 989-790-5270 http://www.ioniacounty.org/register-of-deeds/, Iosco County Register of Deeds https://www.washtenaw.org/262/Clerk-Register-of-Deeds, Wayne County Register of Deeds Hillsdale MI 49242 https://www.clareclerkrod.com/register_of_deeds/index.php, Clinton County Register of Deeds 407 West Harrie St. June 14, 2022. If you transfer your interest in the property, or a share of it, to someone else without the lender's permission, it may exercise the loan's due-on-sale clause. Box 718 Especially with large lenders, it isn't uncommon to get a bill for the balance of the mortgage when the transfer is complete. This includes the names of the people listed as owners on the deed -- in this case, you and the person you're adding -- and your mailing address, the one to which you would like the recorded deed and tax documents mailed. https://alpenacounty.org/register-of-deeds/, Antrim County Register of Deeds Leave the notary section blank. Once youre sure you want to move forward, decide on what kind of co-ownership you want based on your situation. If you live in a community property state, you can specify the home or land is community property with a right of survivorship. Email: rod@shiawassee.net As long as you retain interest in the home, its still going to go through probate. 113 Chestnut Street Tenants by the Entirety. If you add your spouse to your deed, he will have to use your basis if he later sells the property. Unless you know real estate and property records fairly well, it's usually safer to let the title company do it. : How to Add Someone to a Deed, LegalBeagle: How to Add a Husband's Name to the Deed or Leave the House to Him in a Will. In some cases, you may be able to order the deed online. Phone Number: 906-524-6100, ext. County Government Building Please update to a modern browser such as Chrome, Firefox or Edge to experience all features Michigan.gov has to offer. Record the TOD with your county recorder of deeds, and rest assured that your loved one automatically owns your house when you have passed. Email: clerk@schoolcraftcounty.us Phone Number: 810-648-2313 255 W. Main Street https://rod.chippewacountymi.gov/landweb.dll/$/, Clare County Register of Deeds E-mail:clerksoffice@macombgov.org Midland, MI 48640 How you add the person to your title affects whether the surviving owner must go through probate. P.O. If you own the property as joint tenants with rights of survivorship and one of the owners dies, the entire property will pass to the other owner. L'Anse, MI 49946 The notary will need to verify your identity. Email: register@masoncounty.net Fax Number: 231-724-6842 https://www.stjosephcountymi.org/government/register-of-deeds, Tuscola County Register of Deeds In some areas, your spouse also must sign the deed. Did you know you can get premium answers for this article? http://alconacountymi.com/?page_id=390, Alger County Register of Deeds P.O. Obtain a blank quit claim deed form from an office supply store, attorney or title company. 448 Court Place http://www.arenaccountygov.com/register_of_deeds/, Baraga County Register of Deeds I want to sell it, but have back taxes. P.O. Phone Number: 517-437-2231 Fax Number: 989-269-8786 However, if you transferred the property to your spouse at your death, for example through a transfer-on-death deed, his capital gains basis would be the fair market value of the house when he acquired it. Escanaba, MI 49829 Generally speaking, adding another owner only makes the probate process more complicated. MI Earned Income Tax Credit, Retirement Tax, and Inflation Relief Initiatives Fax Number: 989-826-1156 In Michigan, a person must live more than 120 hours after their co-owner dies for the survivorship rights to take effect. Bellaire, MI 49615 Ludington, MI 49431 Phone Number: 989-345-0728 Suite M-3 401 E. Houghton Ave. In short, no one can be passively removed from a title. Box 296 http://www.countyoffice.org/mi-ontonagon-county-recorder-of-deeds/, Osceola County Register of Deeds Cadillac, MI 49601 The lawyers of Roberts & Roberts are Killeen attorneys providing legal services in the fields of real estate, probate, estate planning, and business law. http://www.benzieco.net/government/county_register_of_deeds/index.php, Berrien County Register of Deeds wikiHow is where trusted research and expert knowledge come together. This is wonderful!". https://keweenawbay.org/government/departments/county-clerk-register-of-deeds/, Barry County Register of Deeds 500 Lake St. Quitclaim deeds in Michigan can give the grantee different types of rights. "I live in a home purchased 10 years ago by my now-deceased mom. Fax Number: 231-237-0106 https://www.oscodacountymi.com/register-of-deeds/, Otsego County Register of Deeds https://ironmi.com/register-of-deeds, Isabella County Register of Deeds If the value of the gift exceeds the annual exclusion limit ($16,000 for 2022) the donor will need to file a gift tax return (via Form 709) to report the transfer. Fax Number: 231-882-0167 https://www.geneseecountymi.gov/departments/register_of_deeds/index.php, Gladwin County Register of Deeds Bay City, MI 48708 Go back to your county recorders office to get the deed recorded so it becomes part of the official property record. Fax Number: 989-354-9646 Box 195 P.O. IRS. Step 1: Download the MI quitclaim deed form. Accessed April 10, 2020. The most common way to remove someone from a deed is through a deed of conveyance, such as a quitclaim or warranty deed. Lenawee County Courthouse Phone Number: 269-445-4464 8562 Survivorship (outliving your co-owner) affects more than just the four types of jointly owned property. You're not guaranteeing you have any interest at all, or that you have particular ownership or possession rights. Fax Number: 989-832-6842 http://www.osceola-county.org/residents/county_departments/register_deeds/index.php, Oscoda County Register of Deeds Adding your spouses name to the deed will expose your property to any judgments against him. You can get a taxpayer name and address for free by calling the Macomb County Land File Office at 586-469-5313 or the local Assessor's Office in that City or Township. His capital gain would be $900,000. If one person owns a piece of real estate and wants to bring on another owner, this means that the current owner would give up their interest in the property to themselves and the other person. Detroit, MI 48226 % of people told us that this article helped them. Information deemed reliable but not guaranteed, you should always confirm this information with the proper agency prior to acting. Box 5 http://www.waynecounty.com/deeds/index.htm, Wexford County Register of Deeds 1101 Beach Street, Room 138 Fax Number: 989-426-6902 http://www.kalkaskacounty.net/government/register_of_deeds/index.php, Kent County Register of Deeds Fax Number: 989 - 984-1101 In this case, if one dies, the other automatically becomes the sole owner of the property. If you own your own home, you may decide that you want to add someone, such as a new spouse or an adult child, to your house title. To continue the previous example, suppose you added your spouse to the deed for the house you bought for $100,000. Phone Number: 586-469-7953 Property tax exemptions mean that you pay lower property taxes, and sometimes no property tax at all. https://www.co.jackson.mi.us/269/Register-of-Deeds, Kalamazoo County Register of Deeds Fax Number: 734-222-6528 51 S Macomb St By using our site, you agree to our. https://www.allegancounty.org/departments/register-of-deeds, Alpena County Register of Deeds Ontonagon, MI 49953 Evaluating Financial and Legal Consequences, {"smallUrl":"https:\/\/www.wikihow.com\/images\/thumb\/3\/3e\/Add-Someone-to-Your-House-Title-Step-1.jpg\/v4-460px-Add-Someone-to-Your-House-Title-Step-1.jpg","bigUrl":"\/images\/thumb\/3\/3e\/Add-Someone-to-Your-House-Title-Step-1.jpg\/aid9653557-v4-728px-Add-Someone-to-Your-House-Title-Step-1.jpg","smallWidth":460,"smallHeight":345,"bigWidth":728,"bigHeight":546,"licensing":"