Legal Question in Real Estate Law in Michigan
quit claim deed
In Michigan do I have to add a consideration amount if transfering from a husband to a husband and his spouse? Can I just make a note of the State Real Estate Exempt code on the quit claim deed?
Asked on 6/12/07, 3:09 pm
1 Answer from Attorneys
Renee Walsh
LawRefs Nonprofit
Re: quit claim deed
No consideration is required and yes, there is a box in which you can state the exemption from transfer tax on the form, if you are using a form. If you need one, contact me at [email protected] and I will email one to you.
Answered on 6/16/07, 5:18 am