A Michigan general warranty deed is used to transfer property ownership with a full guarantee that there are no encumbrances on the property title. In addition to warranting that there are no existing claims to the property by third parties, the person relinquishing ownership (the grantor) assures that they have the right to transfer the title. Regardless of these guarantees, it will be prudent for the recipient (the grantee) to verify the title with the county register before signing to ensure there will be no complications during the transfer.
The completed document will include the purchase price that was paid to the grantor, a description of the property, the contact information for the grantor and grantee, the grantor’s signature, and a notary acknowledgment.
- Statute: § 565.151
- Formatting: § 565.201
- Signing Requirements (§ 565.8): Notary Public
- Where to Record: Registry of Deeds
- Recording Fees (§ 600.2567): $30
- Forms:
- Addendum to Deed for Unplatted Land (§ 560.190(4)): A notice that discloses the possibility that the property is in the vicinity of farming activity. Only required if the land is unplatted.
- Property Disclosure Statement (§ 565.975): Sellers are required to complete this form and give it to potential buyers, who must sign in acknowledgment of their receipt.