You're not guaranteeing you have any interest at all, or that you have particular ownership or possession rights. Phone Number: 906-387-2076 Phone Number: 269-445-4464 725 Greenland Road Beulah, MI 49617 These fees usually won't be more than $20. P.O. Your county recorder may charge a small fee to pull the deed, and typically will charge an additional fee to make a copy of it for you. Fax Number: 989-345-6221 300 Walnut Street, Room 164 Real Property 313-224-5854 https://www.mecostacounty.org/government/rod.php, Menominee County Register of Deeds Once youre sure you want to move forward, decide on what kind of co-ownership you want based on your situation. https://www.oscodacountymi.com/register-of-deeds/, Otsego County Register of Deeds Howell, MI 48843 33 McCollum Street Email: registerofdeeds@picounty.org Were committed to providing the world with free how-to resources, and even $1 helps us in our mission. You will have to file a transfer of the deed to gain ownership of the property during the divorce. unlocking this expert answer. Phone Number: 989-832-6820 200 E Grand River https://www.berriencounty.org/296/Register-of-Deeds, Branch County Register of Deeds Email: clerk@schoolcraftcounty.us Fax Number: 906-774-4660 http://keweenawcountyonline.org/department-clerk.php, Lake County Register of Deeds 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. 101 Court Street http://www.co.grand-traverse.mi.us/587/Register-of-Deeds-Office, Gratiot County Register of Deeds Nor can a co-owner simply take away another party's interest in a property by executing a new deed without that other party. Fax Number: 231-256-8149 Thanks to all authors for creating a page that has been read 636,176 times. Box 111 However, in practice, they may refuse regardless of who you're adding to your house title or why. However, not every state has this type of ownership, and the application is different in every state. Add language to the deed specifying what percent of the property you and the person you are adding owns, if necessary. Email: rod@livgov.com I want to sell it, but have back taxes. Once it's done, you can't take it back unless the person. Holding Title: Tenants vs. "Tenants". Fax Number: 989-344-3223 https://www.casscountymi.org/154/Clerk-Register-Office, Charlevoix County Register of Deeds That means when you die, your spouse will absorb your ownership share of the property. Take the new deed to the county recorder's office. To learn more about tax liability associated with adding your spouse to a deed, read on! Email: registerofdeeds@isabellacounty.org Depending on your financial situation, this issue may cause you to reconsider making the addition. 448 Court Place http://lakecounty-michigan.com/Courthouse/RegisterofDeeds.aspx, Lapeer County Register of Deeds She has an extended family of pets, including special needs animals. Fill out the form and sign it before a notary to make the transfer legal. 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. This most simple answer is yes. Another common question is, can you add someone to a deed if there is a mortgage? Phone Number: 989-672-3840 Fax: 989-785-8080 To create a tenancy in common, you would use "and" or "or" between the names of the property owners on the deed. She began working in the fitness industry in 1987, and her experience includes editing and publishing a workout manual. Port Huron, MI 48060 Big Rapids, MI 49307 Email: register@masoncounty.net The types of transfers that are excluded vary among states. You, as the "grantor" -- the property owner -- make out a deed conveying title to two "grantees," yourself and your partner. Phone Number: 231-832-6113 This article has been viewed 636,176 times. As long as you retain interest in the home, its still going to go through probate. This article was written by Jennifer Mueller, JD. Caro, MI 48723 Phone Number: 989-269-9941 Phone Number: 989-354-9547 When you use a quitclaim deed, you're only transferring any ownership interest you have. [1] Houghton, MI 49931 Include your email address to get a message when this question is answered. If you choose this type of ownership, then one cannot sell or dispose of the property without the consent of the other. 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. Fax Number: 269-781-0720 ", You must use specific language in your deed to create a joint tenancy. 1087 Newell St. Newberry, MI 49868 There are four common ways to hold title to real estate in Michigan: Tenants in Common. References Petoskey, MI 49770 Fax Number: 231-348-1773 800 10th Street, Suite 200 Keep in mind that you may lose property tax exemptions or be charged gift taxes for adding someone to your title. Otherwise, there is a presumption that the ownership interest will be equal. Bring a government-issued photo ID with you when you get your signature notarized. https://www.accesskent.com/Departments/RegisterofDeeds/, Keweenaw County Register of Deeds 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. Last Updated: June 3, 2020 The American College of Trust and Estate Counsel. Muskegon, MI 49442 Phone Number: 248-858-0581 ", 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. wikiHow is where trusted research and expert knowledge come together. If your mortgage contains a due upon sale clause, talk to your lender about adding someone to your deed. To continue the previous example, suppose you added your spouse to the deed for the house you bought for $100,000. Box 303 You may also have to pay a document transfer tax. To add someone to your house title, you must create a new deed that transfers the title of the property to both you and the other person. Box 399 60 W. Sanilac Each type of ownership carries unique characteristics, and factors such as financial ability, family relations and marital . However, this action can have a financially devastating outcome if you don't prepare in advance. Phone Number: 269-983-7111 ext. Many of these reasons involve marriage, moving in together, divorce or estate issues. Finally, neatly fill out your new deed, sign in the presence of a notary, and file the new deed at the county recorders office. 12220 Fillmore St., Room 146 Email: rod@shiawassee.net http://www.menomineecounty.com/departments/?department=4a30b23c515d, Midland County Register of Deeds Ontonagon, MI 49953 200 N. Main Street Suite M-3 Fax Number: 616-994-4521 Ithaca, MI 48847 How do I add someone to my deed? Step 1: Download the MI quitclaim deed form. P.O. Bay City, MI 48708 Bellaire, MI 49615 Fax Number: 517-543-4134 These exemptions vary among states. Phone Number: 616-527-5320 https://www.co.jackson.mi.us/269/Register-of-Deeds, Kalamazoo County Register of Deeds https://www.gratiotmi.com/239/Register-of-Deeds, Hillsdale County Register of Deeds If you want to transfer title to a friend or your child, the same principle applies. 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. Use a typewriter or computer printer when filling in the information on the deed to ensure it is legible. In this case, 86% of readers who voted found the article helpful, earning it our reader-approved status. For more detailed information on how to add someone to your house title, scroll down. When transferring equity to add a name to your property's title deeds, your conveyancing solicitor will: To transfer equity on a property or land, it will be necessary to: Obtain and review a copy of the property's title from HM Land Registry (HMLR) Prepare the transfer deed legal documents. http://clerk.macombgov.org/Clerk-RegisterOfDeeds, Manistee County Register of Deeds P.O. The notary will charge a small fee to witness your signature and notarize your deed, typically less than $10. 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. Personal Property 313-224-5860 Email: registerofdeeds@emmetcounty.org 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. Property tax exemptions mean that you pay lower property taxes, and sometimes no property tax at all. If you alter the deed so that you and your spouse both own the property, instead of just you, it changes the situation in the eyes of banks, lenders, and the government. 205 E. 11th St. The web Browser you are currently using is unsupported, and some features of this site may not work as intended. 225 W. Main Street We do not have any blank deed forms available in our office. There are different forms of deeds depending on the situation involved. Secretary of State Box 367 Then, sign the completed form in the presence of a notary before submitting it to the recorders office! 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. Fax Number: 734-222-6528 http://www.baycounty-mi.gov/rod/, Benzie County Register of Deeds Ste. Some financial institutions give consent, allowing you to add another person to your property deed without requiring you pay off your loan. That means he could pay substantially more in capital gains taxes than if he acquired the property when you died. Phone Number: 269-945-1289 http://www.barrycounty.org/departments_and_officials/officials/register_of_deeds/index.php, Bay County Register of Deeds Harrisville, MI 48740 There are companies that will offer to provide you a copy of your deed, but you're better off dealing with the recorder's office directly. 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. 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: 231-845-7977 Marquette, MI 49855 By signing up you are agreeing to receive emails according to our privacy policy. If you are added to the deed of someone else's home, you are not automatically responsible for the mortgage and payments, only if they add you to the mortgage, too. If avoiding probate is a priority, an attorney can help you find the best method to add the other person to your house title. Therefore, if you want to have survivorship rights, make sure the deed includes language stating that the ownership is as joint tenants with rights of survivorship. 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":"