Manistee, MI 49660 200 Division Street, Suite 150 Phone Number: 517-546-0270 Property tax exemptions mean that you pay lower property taxes, and sometimes no property tax at all. "I did not know that my spouse's financial history would have an impact on certain benefits to which I am entitled. The new person acquiring an interest in the property would also be a grantee. http://www.shiawassee.net/ROD/, St. Clair County Register of Deeds 800 10th Street, Suite 200 315 W. Green St. There's no harm in asking your bank or mortgage company if you can simply add a person to your mortgage. County Administration Building Phone Number: 989-224-5270 In California, you can. Some common exemptions include homestead exemptions or exemptions for people over the age of 65. Fax Number: 231-724-6842 Fax Number: 989-731-7519 However, in practice, they may refuse regardless of who you're adding to your house title or why. References Hart, MI 49420 Lansing, MI 48918-1900 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. "Adding someone to a deed" means transferring ownership to that person. Menominee, MI 49858 Bring a government-issued photo ID with you when you get your signature notarized. Phone Number: 989-846-9201 Once youre sure you want to move forward, decide on what kind of co-ownership you want based on your situation. Fax Number: 810-648-5461 Rogers City, MI 49779 The property transfer occurs automatically at the prior owner's death, avoiding probate. Go to the county recorders office and get a quitclaim form. Mt. My spouse died, how do I remove my spouse's name from my deed? MCL 565.8. Also, I did not know the deed has to be worded a certain way in order to avoid probate upon my death. Especially with large lenders, it isn't uncommon to get a bill for the balance of the mortgage when the transfer is complete. The person in possession of the deed can simply sign on behalf of the state, or they can request the state to send them a copy of the deed. "Frequently Asked Questions on Gift Taxes." Get a copy of your current deed and select the type of new deed form you want to use. 5095 4th St. P.O. Ontonagon, MI 49953 http://gladwincounty-mi.gov/departments/register-of-deeds/, Gogebic County Register of Deeds 287 W. Nepessing Street Suite 1 P.O. Generally, anyone who dies during the first 120 hours after . How do I add someone to my deed? 111 S. Michigan Avenue P.O. Phone Number: 734-240-7390 Spell out ownership percentages only if the parties involved are to share ownership in a split other than 50-50. Cadillac, MI 49601 Phone Number: 906-884-4255 ", 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. Fax Number: 989-826-1156 Email: regofdeeds@co.montcalm.mi.us 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. However, if you own the property as tenants in common and one owner dies, that owner's interest in the property goes to his heirs, and the other owner only keeps whatever she had before the death. Phone Number: 906-635-6312 Houghton, MI 49931 Also specify the type of ownership each party will have. When you die 50 years later, your spouse acquires a house with a fair market value of $900,000. https://www.otsegocountymi.gov/259/Register-of-Deeds, Ottawa County Register of Deeds Information deemed reliable but not guaranteed, you should always confirm this information with the proper agency prior to acting. Iron Mountain, MI 49801 Phone Number: 989-734-2676 P.O. https://rod.chippewacountymi.gov/landweb.dll/$/, Clare County Register of Deeds Pontiac, MI 48341-0480 ", a right of survivorship. To add a spouse to a deed, start by reading over your mortgage carefully with your spouse. how to add someone to a deed in michigan . 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. 234 W. Baraga Avenue Complete, review and sign the quitclaim or warranty form. Bad Axe, MI 48413 Fax Number: 989-790-5278 Civil Rights, Inclusion & Opportunity Department. http://www.roscommoncounty.net/196/Register-of-Deeds, Saginaw County Register of Deeds 151 E. Huron Street Fax Number: 517-676-7287 P.O. https://www.stclaircounty.org/offices/register_of_deeds/, St. Joseph County Register of Deeds Department of Public Works For more detailed information on how to add someone to your house title, scroll down. 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. Phone Number: 231-839-4967 Ext 203 Become familiar with your spouses financial history before you decide to add his name to your deed. Laws regarding deed transfer in Michigan also allow joint tenancy, which is joint ownership between multiple owners, such as a group of business partners. If you have a tenancy by entirety, then it converts to tenancy in common. How do we add my name to note? Tawas City, MI 48764 Returning to the $100,000, suppose you create a TOD deed for your spouse. Phone Number: 906-225-8415 Fax Number: 734-222-6528 Using a quit claim deed is often the simplest method of bringing on another owner. Both her name and my son's name are on the deed. Box 388 12265 M-32 West Accessed April 10, 2020. P.O. Bay City, MI 48708 515 Center Avenue Suite 102 698 1200 N. Telegraph References "Avoiding Probate With a Transfer-on-Death Deed." The best advice is to consult an attorney who specializes in these issues regarding the specifics of your situation. Tenancy by the entirety is only available for married couples and is not recognized in some states. Get a copy of the title deed from your county clerk's office. https://www.dickinsoncountymi.gov/government/county_departments/register_of_deeds/index.php, Eaton County Register of Deeds You will have to file a quitclaim deed and then file a new deed with joint ownership. With a grant deed, you are making a promise that you are the current owner of the property and that there aren't any liens, mortgages, or other claims to the property that you haven't disclosed. We recommend that you consult an attorney or real estate professional for assistance in preparing the proper document that will convey the type of interest you want a particular person or entity to have in your property. Howell, MI 48843 In short, no one can be passively removed from a title. Be aware that adding a person to your deed can cause you to lose property tax exemptions, based on how the deed is worded. Mason, MI 48854 Phone Number: 231-724-6271 Jennifer Mueller is an in-house legal expert at wikiHow. 111 South Canal Street There are two ways to get a deed. There are different forms of deeds depending on the situation involved. not mine. http://www.sanilaccounty.net/PublicPages/Entity.aspx?ID=220, Schoolcraft County Register of Deeds http://www.countyoffice.org/mi-ontonagon-county-recorder-of-deeds/, Osceola County Register of Deeds Real Property 313-224-5854 Phone Number: 906-863-2822 http://www.benzieco.net/government/county_register_of_deeds/index.php, Berrien County Register of Deeds Port Huron, MI 48060 http://www.waynecounty.com/deeds/index.htm, Wexford County Register of Deeds https://www.co.muskegon.mi.us/848/Register-of-Deeds, Newaygo County Register of Deeds For example, "Suzy Sunshine and Martin Moon" or "Suzy Sunshine or Martin Moon. In some areas, your spouse also must sign the deed. 23 E. Pearl Street 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. 301 W. Upton You're not guaranteeing you have any interest at all, or that you have particular ownership or possession rights. Accessed April 10, 2020. Box 8645 Add language to the deed specifying what percent of the property you and the person you are adding owns, if necessary. Allegan, MI 49010 As long as you retain interest in the home, its still going to go through probate. 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. https://alpenacounty.org/register-of-deeds/, Antrim County Register of Deeds Fax Number: 906-789-5179 One thing that many people do not realize is that transfer of the deed is different from the transfer of the mortgage responsibility. Approved. https://www.manisteecountymi.gov/363/Register-of-Deeds, Marquette County Register of Deeds 125 W. Main St. Finally, neatly fill out your new deed, sign in the presence of a notary, and file the new deed at the county recorders office. For example, Sacramento County charges a one-time tax of 1.1% of the value of the property when you file a new deed. Approved. Michigan Works - Saint Clair. Phone Number: 989-426-7551 https://www.miottawa.org/Departments/CountyClerk/ROD/, Presque Isle County Register of Deeds https://www.berriencounty.org/296/Register-of-Deeds, Branch County Register of Deeds http://www.kalcounty.com/clerk/, Kalkaska County Register of Deeds Phone Number: 269-781-0707 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. In this case, 91% of readers who voted found the article helpful, earning it our reader-approved status. Box 110 A deed and a mortgage are two separate things. This might not be an option if one of the owners does not have good credit. The chain of title in real estate has been established so that an interest in real estate cannot be valued by the amount of time an owner has been in possession of the real estate. Many reasons might exist that would make you want to add someone to the deed to your house. Charlevoix, MI 49720 Note also that if there is an outstanding mortgage on the property, the owner must review the terms to see if there is a notification requirement. Eagle River, MI 49950 Some states have a specific deed-holding status: Tenants in the entirety. By filing the quitclaim deed, you can add someone to the title of your home, in effect transferring a share of ownership. Phone Number: 517-279-4320 http://alconacountymi.com/?page_id=390, Alger County Register of Deeds Box 303 Phone Number: 989-832-6820 You want to transfer the property from yourself to your spouse and yourself, making the two of you joint owners. Harrison, MI 48625 173 East Apple Avenue https://www.emmetcounty.org/officials-departments/register-of-deeds/, Genesee County Register of Deeds 200 Grand River Avenue Obtain the necessary consents from lenders and . This article was written by Jennifer Mueller, JD. Evaluating Financial and Legal Consequences, {"smallUrl":"https:\/\/www.wikihow.com\/images\/thumb\/3\/3e\/Add-Someone-to-Your-House-Title-Step-1.jpg\/v4-460px-Add-Someone-to-Your-House-Title-Step-1.jpg","bigUrl":"\/images\/thumb\/3\/3e\/Add-Someone-to-Your-House-Title-Step-1.jpg\/aid9653557-v4-728px-Add-Someone-to-Your-House-Title-Step-1.jpg","smallWidth":460,"smallHeight":345,"bigWidth":728,"bigHeight":546,"licensing":"