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\n<\/p><\/div>"}. https://keweenawbay.org/government/departments/county-clerk-register-of-deeds/, Barry County Register of Deeds You'll need to transfer an interest by writing up another deed with the person's name on it. http://www.co.calhoun.mi.us/, Cass County Register of Deeds http://schoolcraftcounty.net/government/elected-officials/clerk-and-register-of-deeds 705 S. Stephenson Ave. Review your mortgage documents or contact your lender before initiating the process to change your deed. There are 8 references cited in this article, which can be found at the bottom of the page. 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. % of people told us that this article helped them. This could result in far lower capital gains taxes. 113 Chestnut Street 448 Court Place Fax Number: 906-225-8420 Phone Number: 989-790-5270 Box 8645 Kalkaska, MI 49646 250 E. Huron Avenue, Room 203 100 E. State Street, Suite 2500 Box 377 Box 538 Box 388 http://www.lenawee.mi.us/259/Register-of-Deeds, Livingston County Register of Deeds Be aware that adding a person to your deed can cause you to lose property tax exemptions, based on how the deed is worded. http://www.ioniacounty.org/register-of-deeds/, Iosco County Register of Deeds https://presqueislecounty.org/register-of-deeds/, Roscommon County Register of Deeds Fax Number: 231-689-7271 https://www.berriencounty.org/296/Register-of-Deeds, Branch County Register of Deeds Spell out ownership percentages only if the parties involved are to share ownership in a split other than 50-50. How Can I Add a Person to My House Deed? | Home Guides | SF Gate http://www.menomineecounty.com/departments/?department=4a30b23c515d, Midland County Register of Deeds Complete, review and sign the quitclaim or warranty form. A Quitclaim Deed is similar to a Grant Deed in that it immediately transfers all of your interest, ownership and right in the property. https://deltacountymi.org/register-of-deeds/, Dickinson County Register of Deeds Were committed to providing the world with free how-to resources, and even $1 helps us in our mission. When you use a quitclaim deed, you're only transferring any ownership interest you have. 200 W. Michigan If you need a Bell County attorney, we would welcome the opportunity to assist you. Without reading this article, I would have pursued a different route. Phone Number: 906-884-4255 870 S. Main Email: rod@chippewacountymi.gov Phone Number: 231-839-4967 Ext 203 Phone Number: 269-467-5552 Detroit, MI 48226 Step 1: Download the MI quitclaim deed form. 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. Box 367 Allegan, MI 49010 You can do your title search yourself, or you can order one from the title company that issues your title insurance policy. That means when you die, your spouse will absorb your ownership share of the property. Mt. To create a tenancy in common, you would use "and" or "or" between the names of the property owners on the deed. They still used my income, but I'm not on the note. Fax Number: 734-240-7395 https://www.otsegocountymi.gov/259/Register-of-Deeds, Ottawa County Register of Deeds https://www.co.jackson.mi.us/269/Register-of-Deeds, Kalamazoo County Register of Deeds 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. https://www.antrimcounty.org/departments___services_/register_of_deeds/index.php, Arenac County Register of Deeds Joint Tenants with Full Rights of Survivorship. This most simple answer is yes. Some states require extra steps, such . http://www.countyoffice.org/mi-ontonagon-county-recorder-of-deeds/, Osceola County Register of Deeds If one of the spouses already has someone they want to add to the property, it is best not to bring this into the picture during the divorce proceedings. Clerk - ROD - FAQ | Macomb County Become familiar with your spouses financial history before you decide to add his name to your deed. P.O. Phone Number: 989-362-2021 Many of these reasons involve marriage, moving in together, divorce or estate issues. Charlotte, MI 48813 Fax Number: 989-846-9166 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z, Alcona County Register of Deeds However, in practice, they may refuse regardless of who you're adding to your house title or why. Phone Number: 231-843-4466 33 McCollum Street P.O. Phone Number: 517-546-0270 https://www.allegancounty.org/departments/register-of-deeds, Alpena County Register of Deeds "I did not know that my spouse's financial history would have an impact on certain benefits to which I am entitled. By using our site, you agree to our. The transfer is excluded from the gift tax if you're adding your spouse to your house title. Accessed April 10, 2020. Stanton, MI 48888 200 North Main St. Suite 110 214 E. Center St To learn more about tax liability associated with adding your spouse to a deed, read on! The lawyers of Roberts & Roberts are Killeen attorneys providing legal services in the fields of real estate, probate, estate planning, and business law. References P.O. http://www.arenaccountygov.com/register_of_deeds/, Baraga County Register of Deeds If your goal is to avoid probate, be sure to specify on the form that you're claiming as joint tenants with a right of survivorship. Lake City, MI 49651 51 S Macomb St Fax Number: 313-224-5884 The deed must be notarized. Fax Number: 906-875-0658 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. Beulah, MI 49617 This means if the property was sold, you would get 80 percent of the money from the sale and your sister would get the remaining 20 percent. Use it to try out great new products and services nationwide without paying full pricewine, food delivery, clothing and more. Atlanta, MI 49709 https://oceana.mi.us/departments/register-of-deeds/, Ogemaw County Register of Deeds 225 W. Main Street 234 W. Baraga Avenue 605 N. Birch St. https://rod-eweb.clinton-county.org/recorder/web/, Crawford County Register of Deeds You might want your spouse to automatically be able to retain ownership of the property if you should become deceased. "Keeping Your House Out of Probate." Check with a property law attorney if you want to create a joint tenancy and are unsure of the language to use. June 14, 2022. It's revocable. https://www.lucecountymi.com/register-of-deeds, Mackinac County Register of Deeds 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. St. Joseph, MI 49085 https://www.emmetcounty.org/officials-departments/register-of-deeds/, Genesee County Register of Deeds Strike a line through any verbiage on the deed that does not apply to your circumstances. Uniform Commercial Code Section https://www.stclaircounty.org/offices/register_of_deeds/, St. Joseph County Register of Deeds wikiHow marks an article as reader-approved once it receives enough positive feedback. Phone Number: 989-354-9547 MCL 565.201a. Phone Number: 906-789-5100 Pontiac, MI 48341-0480 698 By signing up you are agreeing to receive emails according to our privacy policy. Also specify the type of ownership each party will have. Property tax exemptions mean that you pay lower property taxes, and sometimes no property tax at all. Once youre sure you want to move forward, decide on what kind of co-ownership you want based on your situation. Include your name and the name of the person you want to add to your house title. Phone Number: 269-383-8970 One of the most common incorrect assumptions in real estate is that someone can be added to a deed. X Email: deeds@co.muskegon.mi.us You, as the "grantor" -- the property owner -- make out a deed conveying title to two "grantees," yourself and your partner. Adding someone to your house deed requires the filing of a legal form known as a quitclaim deed. However, this action can have a financially devastating outcome if you don't prepare in advance. These fees usually won't be more than $20. Suite 400 If youve recently married and already own a home or other real estate, you may want to add your new spouse to the deed for your property so the two of you own it jointly. Feel free to contact us with your questions, concerns or needs by email or by phone at 989-224-5270. Phone Number: 231-724-6271 The person selling the property is often called the "grantor" while the person buying the property is called the "grantee". Phone Number: 906-635-6312 Box 195 111 South Canal Street Fill out the form and sign it before a notary to make the transfer legal. Some common exemptions include homestead exemptions or exemptions for people over the age of 65. Phone Number: 989-348-2841 "Gave me the clear directions I needed and informed me that what I really want to do, claiming as joint tenants with, "I was so happy to find this article, it answered all my questions! Iron Mountain, MI 49801 https://montcalm.org/government/register_of_deeds/index.php, Montmorency County Register of Deeds 106 5thP.O. Phone Number: 231-922-4753 Misconceptions and Realities It is a misconception that someone can be "removed" from the deed. How to Add Names to Michigan Property Deeds | Pocketsense The property transfer occurs automatically at the prior owner's death, avoiding probate.
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