By signing up you are agreeing to receive emails according to our privacy policy. Thanks to all authors for creating a page that has been read 206,090 times. If you simply add your child's name to your existing deed, they won't necessarily have rights of survivorship. If you want to transfer title to a friend or your child, the same principle applies. Accessed April 10, 2020. 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. Email: clerk@schoolcraftcounty.us 400 Boardman https://ironmi.com/register-of-deeds, Isabella County Register of Deeds Without reading this article, I would have pursued a different route. There are exceptions, such as if the other person is not paying you any money to be added to the deed. Box 789 ", Unlock premium answers by supporting wikiHow, http://www.washingtonpost.com/realestate/before-adding-a-loved-one-to-a-house-deed-think-hard-first/2013/11/27/b02538c8-51fc-11e3-9fe0-fd2ca728e67c_story.html, http://www.nolo.com/legal-encyclopedia/deeds-faq-29119-2.html, http://www.nolo.com/legal-encyclopedia/deeds-faq-29119.html, http://www.saclaw.org/Uploads/files/forms/QuitclaimDeed.pdf, http://www.washingtonpost.com/wp-dyn/content/article/2008/02/29/AR2008022901680.html, http://www.saclaw.org/Uploads/files/Step-by-Step/sbs-deeds.pdf, incluir a un cnyuge en un ttulo de propiedad. The new person acquiring an interest in the property would also be a grantee. Part 1 Understanding How It Works Download Article 1 Contact your lender. You will have to file a transfer of the deed to gain ownership of the property during the divorce. Flint, MI 48502 For example, "Suzy Sunshine and Martin Moon" or "Suzy Sunshine or Martin Moon. 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: 989-846-9166 E-mail:clerksoffice@macombgov.org Box 377 This could result in far lower capital gains taxes. If you need a Bell County attorney, we would welcome the opportunity to assist you. To learn more about tax liability associated with adding your spouse to a deed, read on! Property ownership, transfer laws and deed practices differ depending on the state in which you live. To add a spouse to a deed, start by reading over your mortgage carefully with your spouse. Fax Number: 906-387-2156 To make changes to your property's deed, you must execute a new document rather than simply adding a name to your existing deed. Box 376 When you use a quitclaim deed, you're only transferring any ownership interest you have. A Quitclaim Deed is similar to a Grant Deed in that it immediately transfers all of your interest, ownership and right in the property. Hillsdale MI 49242 Phone Number: 906-482-1311 "Keeping Your House Out of Probate." 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. Bring a government-issued photo ID with you when you get your signature notarized. 401 E. Houghton Ave. By signing up you are agreeing to receive emails according to our privacy policy. http://alconacountymi.com/?page_id=390, Alger County Register of Deeds Roberts and Roberts, L.L.P. Civil Rights, Inclusion & Opportunity Department. International Center Fax Number: 616-632-7615 There are two ways to get a deed. They still used my income, but I'm not on the note. The easiest and most common way to do this is with a quitclaim deed and the refiling of a new deed with joint ownership. Estate Planning in Michigan Using a Ladybird Deed. 2 South 6th Street, Suite 11 Accessed April 10, 2020. Phone Number: 616-527-5320 wikiHow marks an article as reader-approved once it receives enough positive feedback. P.O. http://recording.crawfordco.org/recorder/web/, Delta County Register of Deeds These materials are intended, but not promised or guaranteed to be current, complete, or up-to-date. 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. Email: deeds@co.muskegon.mi.us Michigan Works - Saint Clair. Phone Number: 989-785-8079 Holding Title: Tenants vs. "Tenants". Depending on your financial situation, this issue may cause you to reconsider making the addition. Suite 212 Nor can a co-owner simply take away another party's interest in a property by executing a new deed without that other party. Jensen attended Idaho and Boise State Universities. If someone's name is on the mortgage and not the deed, only the person whose name is on the mortgage will be responsible for making payments. Box 5 Box 8645 P.O. Phone Number: 989-426-7551 1. https://www.lucecountymi.com/register-of-deeds, Mackinac County Register of Deeds Email: clerk@cheboygancounty.net 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. https://montcalm.org/government/register_of_deeds/index.php, Montmorency County Register of Deeds Fax Number: 231-882-0167 This is wonderful!". Obtain the necessary consents from lenders and . Coldwater, MI 49036 https://www.co.hillsdale.mi.us/index.php/tm-gov/tsm-gov-deeds, Houghton County Register of Deeds IRS. Choose separate interests if you want one owner to be able to sell their interest in the property without consulting the other owner. 341 S. Jefferson Room 201 Fax Number: 231-689-7271 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. We use cookies to make wikiHow great. Rogers City, MI 49779 Copyright 2023 Leaf Group Ltd. / Leaf Group Media, All Rights Reserved. Feel free to contact us with your questions, concerns or needs by email or by phone at 989-224-5270. Maybe you just got married and would like your new spouse listed as part owner of your home. You'll become joint tenants with rights of survivorship. https://www.stjosephcountymi.org/government/register-of-deeds, Tuscola County Register of Deeds https://www.gogebiccountymi.gov/government/county_offices/register_of_deeds.php, Grand Traverse County Register of Deeds 400 Elm Street 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. Email: mmerchant@gratiotmi.com Email: goodreauw@baragacounty.org Many reasons might exist that would make you want to add someone to the deed to your house. Phone Number: 989-875-5217 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). Government Center http://www.co.grand-traverse.mi.us/587/Register-of-Deeds-Office, Gratiot 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. Cheboygan, MI 49721 P.O. 200 Grand River Avenue How do we add my name to note? Escanaba, MI 49829 If wikiHow has helped you, please consider a small contribution to support us in helping more readers like you. P.O. Suite 105 870 S. Main Phone Number: 906-387-2076 Phone Number: 517-279-4320 Lake City, MI 49651 Uniform Commercial Code Section Phone Number: 231-922-4753 P.O. ", You must use specific language in your deed to create a joint tenancy. https://deltacountymi.org/register-of-deeds/, Dickinson County Register of Deeds {"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":"