Real Estate and Property Law (1 viewing) (1) Guest
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Topic History of: deed in lieu of foreclosure
Max. showing the last posts - (Last post first)
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Lex
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Adjust the margins to Florida parameters.
QUITCLAIM DEED IN LIEU OF FORECLOSURE
Grantor[s], [name[s]], [marital status of male grantor], whose address is [address], quitclaim[s] to Grantee[s], [name[s]], whose address is [address], the premises in the [township / village / city] of [name], [county], Michigan, described as
[legal description]
commonly known as [address], for the full consideration of $[amount].
This Quitclaim deed is a deed in lieu of foreclosure on a [mortgage / land contract] dated [date], between the parties on the described property. [The mortgage / A memorandum] is recorded at Liber [number], Page [number], [name of county] County Register of Deeds. This quitclaim deed extinguishes all rights of Grantor[s] in the [mortgage / land contract] between the parties, including any rights of redemption, and extinguishes all other rights, title, and interests of Grantor[s] in the premises.
[For unplatted parcels, include the following two paragraphs:]
Grantor[s] grant[s] to the Grantee[s] the right to make [number] divisions under (NAME LAW). [If you insert an exact number for the divisions, and the number of acres is more than 10, include the following sentence: The Grantor[s] intend[s] to transfer to the Grantee[s] the right to make all divisions, bonus divisions, and redivisions of the property that the Grantor[s] may have under the act.]
This property may be located within the vicinity of farmland or a farm operation. Generally accepted agricultural and management practices that may generate noise, dust, odors, and other associated conditions may be used and are protected by the (NAME STATE).
Dated: ___________________________ /s/______________________________
[Typed name]
/s/______________________________
[Typed name]
STATE OF __________
________ COUNTY )
)
Acknowledged before me in [county] County, NAME STATE, on [date] by [name of person acknowledged].
/s/__________________________________
[Notary public’s name, as it appears on application for commission]
Notary public, State of ___________, County of [county].
My commission expires [date].
[If acting in county other than county of commission: Acting in the County of [county].]
When recorded return to
_____________________ Send subsequent tax bills to
__________________ Drafted by
___________________
Tax Parcel #
_____________________ Recording Fee
__________________ Transfer Tax
State: _______________
County: _____________
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jpol
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Anyone have a Florida deed in Lieu?
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