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WARRANTY DEED File No. Drafted by When recorded return to THE GRANTOR whose address is conveys and Warrants to the following described premises situated in the of Michigan and particularly described as follows of County of and State Tax Parcel No. Commonly known as for the sum of Dollars The Grantor grants to the Grantee the right to make divisions under section 108 of the land division act Act 288 of the Public Act of 1967.

How to fill out statutory warranty deed

How to fill out a statutory warranty deed:

1. Begin by obtaining a blank statutory warranty deed form from your local county clerk's office or online legal resources.
2. Fill in the names and addresses of the grantor (the person selling or transferring the property) and the grantee (the person receiving the property).
3. Provide a description of the property being transferred, including the address and any other identifying details such as parcel numbers or lot numbers.
4. Specify the type of warranty being provided. In a statutory warranty deed, the grantor guarantees that they have clear ownership of the property and the right to transfer it, and that there are no undisclosed encumbrances or defects.
5. Include any additional provisions or agreements, such as any conditions or restrictions related to the property's use or future development.
6. Sign and date the deed, ensuring that all parties involved in the transfer also sign the document.
7. Depending on your jurisdiction, you may need to have the deed notarized or witnessed by a neutral third party.
8. Once the completed deed is signed and notarized, it should be recorded with the appropriate county recorder's office or land registry office. This step is crucial to make the transfer of ownership legally binding and ensure a public record of the transaction.

Who needs a statutory warranty deed?

A statutory warranty deed is typically used in real estate transactions where the property is being sold or transferred. It provides the grantee with the highest level of protection, as it includes a guarantee from the grantor that they have full legal ownership of the property and that there are no outstanding claims or encumbrances that may affect the grantee's rights. Both buyers and sellers may require a statutory warranty deed to ensure a smooth and secure transfer of property ownership.

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What is statutory warranty deed?

Statutory warranty deed is a legal document that guarantees the seller owns the property free and clear and has the right to sell it.

Who is required to file statutory warranty deed?

The seller of the property is required to file the statutory warranty deed.

How to fill out statutory warranty deed?

To fill out a statutory warranty deed, you need to include the names of the grantor and grantee, a legal description of the property, and signatures of all parties involved.

What is the purpose of statutory warranty deed?

The purpose of a statutory warranty deed is to transfer ownership of real property from the seller to the buyer and provide a guarantee of clear title.

What information must be reported on statutory warranty deed?

Information such as the legal description of the property, names of the parties involved, the purchase price, and any encumbrances on the property must be reported on the statutory warranty deed.