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Section 8 Division 2211 Orleans Detroit, MI 48207 (313) 877-8000 (313) 392-9254 (fax) CHANGE OF OWNERSHIP / MANAGEMENT ASSIGNMENT OF HAP CONTRACT Dear Owner or Agent: In order for this office to complete

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How to fill out transfer of ownership and

How to fill out transfer of ownership and:

01

Gather all necessary documents related to the property or asset being transferred, such as title deeds, purchase agreements, and any applicable legal forms or certificates.

02

Fill in the required details on the transfer of ownership form, including the names and contact information of both the current owner and the new owner, as well as the description of the property or asset.

03

If there are any outstanding mortgages or liens on the property, ensure that they are addressed and resolved before completing the transfer of ownership form.

04

Include any additional information or conditions that need to be mentioned in the transfer form, such as restrictions or special considerations.

05

Sign the transfer of ownership form in the presence of a notary public or a witness, if required by local regulations or laws.

06

Submit the completed form to the relevant authority or agency responsible for recording or registering the transfer of ownership.

Who needs transfer of ownership and:

01

Individuals who are buying or selling real estate, such as houses, apartments, or land, need a transfer of ownership to legally transfer the property from the current owner to the new owner.

02

Businesses or individuals transferring ownership of assets, such as vehicles, equipment, or intellectual property rights, may also require a transfer of ownership to document the change in ownership.

03

In some cases, transferring ownership may also be necessary for legal purposes, such as transferring ownership of inherited property or transferring ownership during divorce proceedings.

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