A Michigan quitclaim deed conveys interest in a property without making any promises that the seller has ownership rights or a clear title to the property. The seller isn’t liable to the buyer if issues arise in the title.
Statute: Mich. Comp. Laws § 565 outlines the requirements for property conveyances, stating they must be in writing. The grantor (seller) should be competent to transfer the property and the grantee (buyer) must be capable of holding title to the property. A quitclaim deed must contain specific language to be valid, adhering to Mich. Comp. Laws § 565.152.
Signing Requirements: According to Mich. Comp. Laws 565.8, in order for a deed to be legal, it must be signed in front of a judge, clerk of a court of record, or notary public.
Recording Requirements: File your quitclaim deed with the Register of Deeds in the county where the property is located, not where the transaction occurs (Mich. Comp. Laws 565.201).
Additional Documents: The new owner (grantee) must file a Property Transfer Affidavit (Form 2766) with the assessor for the property’s city or township within 45 days of the property conveyance.
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According to Mich. Comp. Laws § 600.2567, you can expect to pay a $30 filing fee when submitting a deed to the register of deeds.
A quitclaim deed is beneficial for correcting a minor title defect (such as a spelling error), selling property to family members for a low amount, or conveying property for no consideration.
No. A quitclaim deed is an unconditional property transfer that you can’t undo. However, you can draft and record a new deed to transfer the property back to yourself, but you must obtain the signature of the new owner.
In cases of fraud, the statute of limitations for challenging a quitclaim deed in Michigan is six years (Mich. Comp. Laws § 600.5807).
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