Department of Public Works 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. Fax Number: 989-275-8640 There are different forms of deeds depending on the situation involved. You, as the "grantor" -- the property owner -- make out a deed conveying title to two "grantees," yourself and your partner. http://www.cheboygancounty.net/county-clerkregister-of-deeds-11/, Chippewa County Register of Deeds For example, if he has a bad debt, his creditor can sue and force the sale of your property to pay it off. 725 Greenland Road https://www.co.monroe.mi.us/549/Register-of-Deeds, Montcalm County Register of Deeds Thank you. Cassopolis, MI 49031 Email: jdegraaf@kalkaskacounty.org Box 609 County Administration Building Phone Number: 810-667-0211 The short answer: No. Phone Number: 231-256-9682 Box 269 Phone Number: 269-983-7111 ext. Box 376 Email: rod@chippewacountymi.gov 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. If you add someone to the property deed and you are responsible for the mortgage, your lending institution might require you to refinance the loan in both names. Centreville, MI 49032 Did you know you can get premium answers for this article? Keep in mind that you may lose property tax exemptions or be charged gift taxes for adding someone to your title. If you want the property to automatically pass to the other owner with the death of one owner, choose a form of co-ownership that includes the "right to survivorship.". The types of transfers that are excluded vary among states. If you need a Bell County attorney, we would welcome the opportunity to assist you. "Estate Tax." To learn more about tax liability associated with adding your spouse to a deed, read on! P.O. https://www.berriencounty.org/296/Register-of-Deeds, Branch County Register of Deeds Transfer on Death Deed Forms All deed forms offered here: Are available for immediate download Are fill in the blank on your computer Include step by step guide explaining every blank on the form Include completed example of forms for reference Meet state statutory requirements for content Are formatted to meet county requirements for recording 8527 E. Government Center Drive These fees usually won't be more than $20. That means when you die, your spouse will absorb your ownership share of the property. If you simply add your child's name to your existing deed, they won't necessarily have rights of survivorship. 415 Third Street Ludington, MI 49431 how to add someone to a deed in michigan. https://www.newaygocountymi.gov/departments/register-of-deeds/home/, Oakland County Register of Deeds Fax Number: 906-293-5553 You cannot simply add someone to the deed in most cases, and it will require a change in the form of the deed on the property. 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 388 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. Phone Number: 269-467-5552 https://www.manisteecountymi.gov/363/Register-of-Deeds, Marquette County Register of Deeds 400 Boardman https://www.dickinsoncountymi.gov/government/county_departments/register_of_deeds/index.php, Eaton County Register of Deeds Fax Number: 906-337-2253 Email: clerk@cheboygancounty.net "I did not know that my spouse's financial history would have an impact on certain benefits to which I am entitled. https://www.co.jackson.mi.us/269/Register-of-Deeds, Kalamazoo County Register of Deeds MCL 565.201a. 12220 Fillmore St., Room 146 Feel free to contact us with your questions, concerns or needs by email or by phone at 989-224-5270. Harrison, MI 48625 Box 718 Fax Number: 989-846-9166 Email: clerk@schoolcraftcounty.us County Courthouse Building When you add a person to your deed, you're essentially giving them a gift of a percentage of your property. Copyright 2023 Leaf Group Ltd. / Leaf Group Media, All Rights Reserved. If your mortgage contains a due upon sale clause, talk to your lender about adding someone to your deed. Here's a way to pass the interest in your home deed onwhile you're alive. MI Earned Income Tax Credit, Retirement Tax, and Inflation Relief Initiatives 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. Lansing, MI 48918-1900 Depending on how you claim the property, you may also need a spousal affidavit. Phone Number: 231-627-8808 June 14, 2022. Michigan Works - Saint Clair. P.O. https://www.emmetcounty.org/officials-departments/register-of-deeds/, Genesee County Register of Deeds 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. Email: dsimmons@ogemawcountymi.gov 701 Main Street Fax Number: 989-354-9646 Saginaw, MI 48602 https://www.co.hillsdale.mi.us/index.php/tm-gov/tsm-gov-deeds, Houghton County Register of Deeds Step 1: Download the MI quitclaim deed form. 400 Monroe, 7th Floor Secretary of State Email: register@masoncounty.net Strike a line through any verbiage on the deed that does not apply to your circumstances. % of people told us that this article helped them. Standish, MI 48658 The gift tax applies if you transfer ownership of property and receive nothing in return (or receive less than market value for the ownership interest you transferred). St. Joseph, MI 49085 International Center There are four common ways to hold title to real estate in Michigan: Tenants in Common. Muskegon, MI 49442 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. Box 5 P.O. However, this action can have a financially devastating outcome if you don't prepare in advance. Phone Number: 989-539-7131 Phone Number: 989-224-5270 This article has been viewed 636,176 times. What form do I need in order to change my last name on the deed to my new married name? To add a spouse to a deed, all you have to do is literally fill out, sign and record a new deed in your county recorders office. 200 W. Michigan Grayling, MI 49738 However, this action can have a financially devastating outcome if you dont prepare in advance. Ste. Or, it could be that you want the ownership of your property to go to your child in the event of your death. Phone Number: 231-843-4466 Phone Number: 810-257-3060 Each type of ownership carries unique characteristics, and factors such as financial ability, family relations and marital . http://www.iosco.net/departments/register-of-deeds/, Iron County Register of Deeds Generally speaking, adding another owner only makes the probate process more complicated. 806 W. Houghton Avenue, Room 104 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: 616-632-7615 Choose separate interests if you want one owner to be able to sell their interest in the property without consulting the other owner. 5095 4th St. Phone Number: 906-635-6312 Lenawee County Courthouse This might not be an option if one of the owners does not have good credit. A deed and a mortgage are two separate things. 401 W. Cedar Ave. MCL 565.221. The new person acquiring an interest in the property would also be a grantee. https://www.allegancounty.org/departments/register-of-deeds, Alpena County Register of Deeds Jennifer reviews, fact-checks, and evaluates wikiHow's legal content to ensure thoroughness and accuracy. Paw Paw, Michigan 49079 Box 438 Become familiar with your spouses financial history before you decide to add his name to your deed. https://montcalm.org/government/register_of_deeds/index.php, Montmorency County Register of Deeds Phone Number: 517-676-7216 You cannot simply add someone to the deed in most cases, and it will require a change in the form of the deed on the property. Fax Number: 906-225-8420 Phone Number: 989-362-2021 Phone Number: 231-779-9455 60 W. Sanilac 301 N. Main St. 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. Phone Number: 517-264-4538 Phone Number: 517-322-1144, Shiawassee County Register of Deeds 3. Phone Number: 231-723-2146 Flint, MI 48502 Box 303 The easiest and most common way to do this is with a quitclaim deed and the refiling of a new deed with joint ownership. https://www.clareclerkrod.com/register_of_deeds/index.php, Clinton County Register of Deeds You will have to file a quitclaim deed and then file a new deed with joint ownership. This is a law that allows a husband and wife to hold a piece of property as if they were a single entity. To add a joint owner to your property dead, you'll first need to check your loan documents or call your lender to determine responsibilities and policies. 300 Monroe Avenue, NW 1045 Independence Blvd. Use a typewriter or computer printer when filling in the information on the deed to ensure it is legible. http://www.mackinaccounty.net/departments/register-of-deeds/, Macomb County Register of Deeds Phone Number: 906-482-1311 Box 538 Fax Number: 906-643-1178 Fax Number: 989-344-3223 Escanaba, MI 49829 Fax Number: 989-790-5278 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. Both people would acquire their interest in the property at the same time in the chain of title. 2 South 6th Street, Suite 11 Phone Number: 989-743-2216 200 N. Main Street 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). Property tax exemptions mean that you pay lower property taxes, and sometimes no property tax at all. P.O. It's awesome and well-written, very clear on how, "Understanding how to add me to the deed, I had no idea of the consequences. 33 McCollum Street Before you add someone to your house title, consider consulting an attorney to better understand the legal and financial repercussions of doing so. There are 8 references cited in this article, which can be found at the bottom of the page. Box 296 Fax Number: 810-985-4795 . When executed and notarized, the quitclaim deed legally overrides the current deed to. Alpena, MI 49707 448 Court Place Without reading this article, I would have pursued a different route. http://recording.crawfordco.org/recorder/web/, Delta County Register of Deeds Unmarried people can own real estate together in one of two ways: joint tenants with rights of survivorship, or tenants in common. One of the most common incorrect assumptions in real estate is that someone can be added to a deed. There's no harm in asking your bank or mortgage company if you can simply add a person to your mortgage. 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. Spell out ownership percentages only if the parties involved are to share ownership in a split other than 50-50. Phone Number: 231-547-7204 I want to sell it, but have back taxes. 111 South Canal Street {"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":"