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\n<\/p><\/div>"}, Iowa State University Extension and Outreach, Iowa State University's Extension and Outreach program dedicated to educating and engaging communities, {"smallUrl":"https:\/\/www.wikihow.com\/images\/thumb\/f\/f6\/Add-Someone-to-Your-House-Title-Step-7.jpg\/v4-460px-Add-Someone-to-Your-House-Title-Step-7.jpg","bigUrl":"\/images\/thumb\/f\/f6\/Add-Someone-to-Your-House-Title-Step-7.jpg\/aid9653557-v4-728px-Add-Someone-to-Your-House-Title-Step-7.jpg","smallWidth":460,"smallHeight":345,"bigWidth":728,"bigHeight":546,"licensing":"
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\n<\/p><\/div>"}. IRS. Research source. This article taught me things I did not know. Add language to the deed specifying what percent of the property you and the person you are adding owns, if necessary. Phone Number: 616-527-5320 Cadillac, MI 49601 For example, if you have a property tax exemption because you are over 65, you would lose that exemption if you added your daughter to your house title. Adding a family member to the deed as a joint owner for no consideration is considered a gift of 50% of the property's fair market value for tax purposes. June 14, 2022. The state will then make a copy of the deed, add their name to the deed, and send the new owner or person the original deed. 301 W. Upton https://deltacountymi.org/register-of-deeds/, Dickinson County Register of Deeds Phone Number: 269-467-5552 Include your email address to get a message when this question is answered. Baldwin, MI 49304 Joint Tenants with Full Rights of Survivorship. For more detailed information on how to add someone to your house title, scroll down. Email: rod@chippewacountymi.gov How do we add my name to note? This is a law that allows a husband and wife to hold a piece of property as if they were a single entity. https://www.clareclerkrod.com/register_of_deeds/index.php, Clinton County Register of Deeds Go to the county recorders office and get a quitclaim form. Box 355 Co-owners who are tenants in common can use the property as security on a loan or take out a mortgage on the property, but only to the extent of their ownership interest. Roberts and Roberts, L.L.P. https://www.manisteecountymi.gov/363/Register-of-Deeds, Marquette County Register of Deeds Rogers City, MI 49779 Copyright 2023 Leaf Group Ltd. / Leaf Group Media, All Rights Reserved. 200 North Main St. Suite 110 In Michigan, a person must live more than 120 hours after their co-owner dies for the survivorship rights to take effect. Both her name and my son's name are on the deed. When you add a person to your deed, you're essentially giving them a gift of a percentage of your property. P.O. {"smallUrl":"https:\/\/www.wikihow.com\/images\/thumb\/b\/ba\/1540420-1.jpg\/v4-460px-1540420-1.jpg","bigUrl":"\/images\/thumb\/b\/ba\/1540420-1.jpg\/aid1540420-v4-728px-1540420-1.jpg","smallWidth":460,"smallHeight":345,"bigWidth":728,"bigHeight":546,"licensing":"
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