how to add someone to a deed in michigan

The person selling the property is often called the "grantor" while the person buying the property is called the "grantee". We do not have any blank deed forms available in our office. References For example, if you owned an 80 percent interest and your sister a 20 percent interest, your sister could only take out a mortgage for 20 percent of the value of the property. https://www.otsegocountymi.gov/259/Register-of-Deeds, Ottawa County Register of Deeds Possibly enlisting the help of an attorney, you will prepare the new deed that lists the joint owner and mentions ownership interest, and then take it to get recorded at the county recorder's office. http://www.lenawee.mi.us/259/Register-of-Deeds, Livingston County Register of Deeds If a male grantor is married, Michigan law has historically required his wife to sign the deed to release her dower rights. 605 N. Birch St. Phone Number: 906-293-5521 The current owner the person giving away their rights to the property would be the grantor in the quit claim deed. Other information that is typically on a deed, no matter what state you are in, includes the property address and legal description, the city, county, state and the date. Lansing, MI 48918-1900 Finally, neatly fill out your new deed, sign in the presence of a notary, and file the new deed at the county recorders office. Coldwater, MI 49036 Elle Di Jensen has been a writer and editor since 1990. Hastings, MI, 49058 Phone Number: 906-635-6312 Stanton, MI 48888 If youre paying a mortgage, get your lenders written permission to transfer your house title, and if your house is a major asset, consult an estate attorney regarding potential estate issues. Email: registerofdeeds@picounty.org The current owner would also be one of the grantees, the persons receiving the grantors rights to the property. Take the new deed to the county recorder's office. When executed and notarized, the quitclaim deed legally overrides the current deed to. Were committed to providing the world with free how-to resources, and even $1 helps us in our mission. Information deemed reliable but not guaranteed, you should always confirm this information with the proper agency prior to acting. http://gladwincounty-mi.gov/departments/register-of-deeds/, Gogebic County Register of Deeds Transferring ownership of a house also means your property will likely be reassessed for tax purposes. You're not guaranteeing you have any interest at all, or that you have particular ownership or possession rights. This is also where you specify how the two of you will own the property. Suttons Bay, MI 49682-9718 The types of transfers that are excluded vary among states. Fax Number: 231-689-7271 All searches are done either in person by coming to the Register of Deeds, by mail ($5.00 search fee per name/address) or by going online. 415 Third Street https://www.saginawcounty.com/departments/register-of-deeds/, Sanilac County Register of Deeds 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. You also may have to pay any property taxes that have been reassessed as a result of the change in ownership. Tax Foundation. Gaylord, MI 49735 Phone Number: 248-858-0581 The easiest and most common way to do this is with a quitclaim deed and the refiling of a new deed with joint ownership. P.O. Fax Number: 734-240-7395 Grand Rapids, MI 49503 Michigan Treasury Online Business Services, Homeowner's Principal Residence Exemption. 200 E Grand River Fax Number: 989-734-0506 The deed must be notarized. Standish, MI 48658 Add language to the deed specifying what percent of the property you and the person you are adding owns, if necessary. 304 E. Ludington Ave. I can now proceed with an easier and, "I asked if I could do this, and I not only got an answer, but also step-by-step instructions. You may also have to pay a document transfer tax. Please update to a modern browser such as Chrome, Firefox or Edge to experience all features Michigan.gov has to offer. https://www.stclaircounty.org/offices/register_of_deeds/, St. Joseph County Register of Deeds ", https://www.consumer-action.org/english/articles/before_you_add_someone_to_your_title2006/, https://www.irs.gov/businesses/small-businesses-self-employed/gift-tax, https://www.irs.gov/businesses/small-businesses-self-employed/frequently-asked-questions-on-gift-taxes, https://saclaw.org/wp-content/uploads/sbs-completing-and-recording-deeds.pdf, https://www.americanbar.org/content/dam/aba/publishing/rpte_ereport/2015/2-March/enforceability_of_mortgage.authcheckdam.pdf, https://www.extension.iastate.edu/agdm/wholefarm/html/c4-51.html, http://realestate.findlaw.com/buying-a-home/do-you-need-title-insurance.html. How do I add someone to my deed? Phone Number: 231-832-6113 Fax Number: 906-524-6432 To add a spouse to a deed, start by reading over your mortgage carefully with your spouse. http://www.ioniacounty.org/register-of-deeds/, Iosco County Register of Deeds https://www.antrimcounty.org/departments___services_/register_of_deeds/index.php, Arenac County Register of Deeds Phone Number: 906-225-8415 Fax Number: 231-398-3544 Tenants by the Entirety. "The Trade-Offs of Repealing Step-Up in Basis." Phone Number: 517-322-1144, Shiawassee County Register of Deeds Phone Number: 231-882-0016 A Quitclaim Deed is similar to a Grant Deed in that it immediately transfers all of your interest, ownership and right in the property. Phone Number: 810-648-2313 A Michigan deed is a legal document used to convey property from an owner to a purchaser in Michigan. Email: register@masoncounty.net Email: jwinton@oscodacountymi.com If you add your spouse to your deed, he will have to use your basis if he later sells the property. Email: dsimmons@ogemawcountymi.gov That means when you die, your spouse will absorb your ownership share of the property. Adding a family member to the deed as a joint owner for no consideration is considered a gift of 50% of the property's fair market value for tax purposes. Use a typewriter or computer printer when filling in the information on the deed to ensure it is legible. FindLaw: What's the Difference Between Joint Tenants with Survivorship and Tenants in Common? https://www.isabellacounty.org/departments/register-of-deeds/, Jackson County Register of Deeds P.O. Complete the deed, filling in your name as the current owner, and your name along with the additional person's name as the people to whom you're deeding your property. Phone Number: 269-673-0390 Phone Number: 989-724-9450 Mt. For example, it would work to say "Suzy Sunshine and Martin Moon as joint tenants with right of survivorship and not as tenants in common.". Lake City, MI 49651 They still used my income, but I'm not on the note. how to add someone to a deed in michigan. However, this action can have a financially devastating outcome if you dont prepare in advance. 200 N. Main Street https://www.dickinsoncountymi.gov/government/county_departments/register_of_deeds/index.php, Eaton County Register of Deeds Phone Number: 989-826-1116 Without reading this article, I would have pursued a different route. Suite 105 Strike a line through any verbiage on the deed that does not apply to your circumstances. The form will include a blank for your name, the names of the people to whom you want to transfer the property, and the legal description of the property (which you can copy from your old deed). Fax Number: 989-832-6842 Box 35 P.O. Phone Number: 517-264-4538 P.O. P.O. Ann Arbor, MI 48107-8645 Fax Number: 989-275-8640 Generally, anyone who dies during the first 120 hours after . How do we add my name to note? 106 5thP.O. Charlotte, MI 48813 Joint Tenants. Manistique, MI 49854 Obtain a blank quit claim deed form from an office supply store, attorney or title company. Phone Number: 269-383-8970 Fax Number: 231-627-8453 Phone Number: 989-672-3840 https://alpenacounty.org/register-of-deeds/, Antrim County Register of Deeds https://www.co.monroe.mi.us/549/Register-of-Deeds, Montcalm County Register of Deeds Email: clerk@schoolcraftcounty.us 111 South Canal Street 400 Monroe, 7th Floor This article has been viewed 206,090 times. Monroe, MI 48161 We use cookies to make wikiHow great. Both her name and my son's name are on the deed. Fax number: 906-663-4660 https://www.accesskent.com/Departments/RegisterofDeeds/, Keweenaw County Register of Deeds 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. How you add the person to your title affects whether the surviving owner must go through probate. This is a law that allows a husband and wife to hold a piece of property as if they were a single entity. Hart, MI 49420 Make sure you select the one that best suits your needs. Box 110 https://www.gratiotmi.com/239/Register-of-Deeds, Hillsdale County Register of Deeds Thanks to all authors for creating a page that has been read 206,090 times. Detroit, MI 48226 not mine. https://www.casscountymi.org/154/Clerk-Register-Office, Charlevoix County Register of Deeds My spouse died, how do I remove my spouse's name from my deed? https://www.ocmi.us/register-of-deeds/, Ontonagon County Register of Deeds County Government Building https://www.allegancounty.org/departments/register-of-deeds, Alpena County Register of Deeds Fax: 877-443-9505 Or, it could be that you want the ownership of your property to go to your child in the event of your death. Next, obtain a quitclaim form from the county recorders office where the property is located. http://www.arenaccountygov.com/register_of_deeds/, Baraga County Register of Deeds The transfer is excluded from the gift tax if you're adding your spouse to your house title. These materials are intended, but not promised or guaranteed to be current, complete, or up-to-date. P.O. 400 Boardman Ithaca, MI 48847 https://www.montcounty.org/register-of-deeds.html, Muskegon County Register of Deeds Include your email address to get a message when this question is answered. You will have to file a quitclaim deed and then file a new deed with joint ownership. Also specify the type of ownership each party will have. 401 W. Cedar Ave. Complete, review and sign the quitclaim or warranty form. Adding someone to your house deed requires the filing of a legal form known as a quitclaim deed. P.O. She received her JD from Indiana University Maurer School of Law in 2006. It doesn't matter whether money was exchanged or not. Last Updated: June 3, 2020 Box 296 To add someone to your house title, you must create a new deed that transfers the title of the property to both you and the other person. Cassopolis, MI 49031 125 W. Lincoln St. Leave the notary section blank. The transfer of ownership can occur during life (with a regular quitclaim deed, for example) or at death (using a lady bird deed, transfer-on-death-deed, or life estate deed).And, in the case of transfer-on-death or lady bird deeds, the . Here's a way to pass the interest in your home deed onwhile you're alive. Charlevoix, MI 49720 Email: rod@berriencounty.org Box 168 The notary will need to verify your identity. Phone Number: 906-789-5100 This may include information such as the statement that the transfer is forever, or that the property transfer extends to the second person's assigns. You want to transfer the property from yourself to your spouse and yourself, making the two of you joint owners. Phone Number: 517-279-4320 Phone Number: 231-533-6683 If you do not specify the type of ownership, the ownership will be presumed to be tenancy in common. Ionia, MI 48846 https://www.emmetcounty.org/officials-departments/register-of-deeds/, Genesee County Register of Deeds "Estate Tax." Big Rapids, MI 49307 Box 885 She received her JD from Indiana University Maurer School of Law in 2006. This article was written by Jennifer Mueller, JD. That means he could pay substantially more in capital gains taxes than if he acquired the property when you died. http://www.co.calhoun.mi.us/, Cass County Register of Deeds Phone Number: 616-527-5320 Returning to the $100,000, suppose you create a TOD deed for your spouse. Cheboygan, MI 49721 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. International Center Fax Number: 906-293-5553 Phone Number: 517-437-2231 P.O. Fax Number: 231-237-0106 Adding someone to your deed means that you have transferred part of your property ownership or the whole property for that matter. With a tenancy by the entirety, one spouse cannot take out a mortgage on the property or do anything else to encumber the property without the consent of the other spouse. http://www.mackinaccounty.net/departments/register-of-deeds/, Macomb County Register of Deeds To learn more about tax liability associated with adding your spouse to a deed, read on! You can't take it back When you add someone to the deed, all or a portion of your ownership is transferred to that person. https://oceana.mi.us/departments/register-of-deeds/, Ogemaw County Register of Deeds Property ownership, transfer laws and deed practices differ depending on the state in which you live. Accessed April 10, 2020. Email: regofdeeds@co.montcalm.mi.us "Keeping Your House Out of Probate." 200 Division Street, Suite 150 unlocking this expert answer. Co-owners who are tenants in common can use the property as security on a loan or take out a mortgage on the property, but only to the extent of their ownership interest. When he sells it five years later for $1 million, he only owes capital gains taxes on $100,000. Bellaire, MI 49615 Phone Number: 231-547-7204 Procedures vary by state and altering ownership in your property can have repercussions, so it's wise to consult an attorney before adding anyone to your deed. Real Property 313-224-5854 One thing that many people do not realize is that transfer of the deed is different from the transfer of the mortgage responsibility. This is wonderful!". Once youre sure you want to move forward, decide on what kind of co-ownership you want based on your situation. A present beneficiary of a trust is the person who has the enjoyment and beneficial use of the property during the life of the trust. Fax Number: 989-743-2459 "Adding someone to a deed" means transferring ownership to that person. 200 North Main St. Suite 110 https://rod.chippewacountymi.gov/landweb.dll/$/, Clare County Register of Deeds P.O. Jensen attended Idaho and Boise State Universities. Your county recorder may charge a small fee to pull the deed, and typically will charge an additional fee to make a copy of it for you. Phone Number: 989-731-7551 "Avoiding Probate With a Transfer-on-Death Deed." Phone Number: 734-222-6700 Last Updated: February 22, 2023 {"smallUrl":"https:\/\/www.wikihow.com\/images\/thumb\/b\/ba\/1540420-1.jpg\/v4-460px-1540420-1.jpg","bigUrl":"\/images\/thumb\/b\/ba\/1540420-1.jpg\/aid1540420-v4-728px-1540420-1.jpg","smallWidth":460,"smallHeight":345,"bigWidth":728,"bigHeight":546,"licensing":"