Legal Question in Real Estate Law in Michigan
Land Contract Paid in Full
As of the end of June 2004, my mother made the last and final payment of a 10 year land contract on her condo. She has yet to hear from the seller and wants to know what her next step should be. I would like to send a letter to the seller asking for an official transfer of title, but am unsure how the letter should be worded. Please advise!
2 Answers from Attorneys
Re: Land Contract Paid in Full
If the land contract has been paid off, a deed should be given from the seller. A warranty deed should be given, unless your mother foolishly accepted something less in the land contract, such as, a quit claim deed. A deed should have been put in escrow with a title company, in order to avoid this mess. You should check this out. If seller's whereabouts is known a letter should be sent demanding a deed. If seller refuses to comply or if his/her whereabouts are unknown, your mother will have to file a lawsuit to quiet title. My office handles these matters. For more info, please contact me at (248)851-3171.
Re: Land Contract Paid in Full
It appears that your mother has competed her obligations under the contract and is now entitled to a deed from the seller. There is no special wording to use in a letter to the seller demanding transfer of title. However, you may wish to mention that legal action will result for the failure to transfer title. If you have any further questions, please contact me at www.lawgreg.com