Michigan Homestead Declaration - Couple
A homestead law helps to protect you from losing your home to creditors. If you are sued for money in court and lose, the person who sued you will receive a judgment from the court. If you do not pay the judgment, they can then try to collect the judgment by garnishing your wages, having your automobile sold or by having you home sold. The homestead law protects a certain amount of your equity in your home from being taken to pay the judgment.
Among others, this form contains the following provisions:
- Parties: Identifies the parties involved in the homestead declaration
- Property Location: Defines the exact location of the property so that it may be identified
- Declaration: States that the property is the family's homestead
- Signatures: Binds the parties with their signature
This attorney-prepared packet contains:
- Information for the Homestead Declaration;
- Instructions for the Homestead Declaration; and
- The Homestead Declaration
State Law Compliance: This form complies with the laws of Michigan
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Michigan Homestead Declaration - Couple
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Michigan e person(s) acted, executed the instrument. WITNESS my hand and official seal.
NOTARY SIGNATURE NOTARY SEAL (Name of Notary)
ledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which th_________________________________ personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowrinted Name Date
Signature Printed Name Date
State of Michigan County of __________________
} ss.
On ____________ before me, _________________________________________, personally appeared ________we reside in this property on the date that the homestead declaration is recorded. 4. The facts stated in this homestead declaration are known to be true as of our own personal knowledge.
Signature Pore particularly described as follows (give complete legal description):
2. We claim this property and the dwelling thereon as our family's homestead. 3. This property is our principal dwelling, and address of __________________ __________________________________________________________, in the City of ______________________, and County of ______________________________, State of Michigan, and m ) ) ) ) ) ) ) )
HOMESTEAD DECLARATION
We, _____________________________________ and hereby certify and declare the following: , do
1. That we are the owners of the following property located at thed When Recorded Mail To _____________________________________________ Name _____________________________________________ Address _____________________________________________ City State and Zip
) ) )d Stamped Envelopes. You will need this because you will be asking the clerk to return a copy of the recorded Declaration.
Declaration of Homestead Married (Instructions)
2
Recording Request By an recording fee. To get the specific amount of the recording fee you can contact your County Recorder. You can find its address and telephone number in your local telephone directory. One Self-Addresse(in the self-addressed stamped envelope you've enclosed). You will need to include the following items: Forms. The original and a copy of the Declaration Fees. You will need to include a check for thethe County Recorder you will need to begin with a cover letter explaining what you have included and what you need done. You will want the clerk to record the Declaration and mail back it back to you ad Married (Instructions)
1
you can contact your County Recorder. You can find its address and telephone number in you local telephone directory. ·
Mail If you choose to mail your Declaration to d. The clerk will help you from here. Fees. You will need to pay the clerk the amount of the recording fee, probably around $10. To get the specific amount of the recording fee
Declaration of Homesteunty Recorder. You will need to bring in the original and two copies (just to be safe) of your completed and notarized Declaration. You will tell the clerk you want to record a Declaration of Homesteaou can either record the Declaration in person or by mail. In Person Recording your Declaration in person will be quicker because you won't have to wait for delivery. You can take the form to your Cose, passport, etc.). Step 4: Copies. You should make at least two copies of your completed forms in case additional copies are required by the court and for your personal records. Step 5: Recording. Y Notary Acknowledgement. Take the form to a Notary Public, you can find one in your telephone directory or at local bank. Take personal identification with you (e.g. social security card, driver licenave this form notarized, so wait to sign it until you are in front of the notary. Notarization. Don't bother filling this in, it will be completed by the notary.
B. RECORDING THE DECLARATION
Step 3:t panic, this description can be taken off the deed to the property. If you do not have this description, the court will often accept the complete address alone. Signature and Date. You will need to hess. In the upper right hand corner, insert the address you would like the Declaration mailed to once it is recorded. Legal Description. You are asked to give a legal description of the dwelling. Don'tions contained in the form carefully. Step 2: Completing the form. Insert the appropriate information in the form. Below are additional instructions for the trickier sections of the form: Return Addr
INSTRUCTIONS
MICHIGAN DECLARATION OF HOMESTEAD--MARRIED
A. GETTING STARTED COMPLETING THE FORMS Step 1: Read the Instructions Carefully. You need to read these instructions as well as the instruc whether in contract, strict liability, or tort (including negligence or otherwise) arising in any way out of the use of these materials. An attorney should be consulted for all serious legal matters.nsequential damages (including, but not limited to, procurement of substitute goods or services; loss of use, data, or profits; or business interruption) however caused and on any theory of liability,e materials are used at your own risk. In no event will FindLegalForms, Inc, its agents, partners or affiliates be responsible or liable for any direct, indirect, incidental, special, exemplary, or colforms.com. These materials are provided "AS-IS." We do not give any express or implied warranties of merchantability, suitability or completeness of any of the materials for your particular needs. Thhip is created by use of these materials. FindLegalForms, Inc. does not provide legal advice. The purchase and use of these materials is subject to the "Disclaimers and Terms of Use" found at findlegause black ink and print as legibly and neatly as possible. The court may reject forms that are difficult to read or they may input the information incorrectly.
Disclaimer No Attorney-Client relations the forms on the computer by entering the requested information in the appropriate spaces or you can fill them out manually. If you are filling out the forms manually and are not using a typewriter, ; and (iv) A resident of the state of Michigan.
Materials This packet contains: (i) Information for the Declaration; (ii) Instructions for the Declaration; and (iii) The Declaration
You can fill outaws.
Requirements To use this packet you must be: (i) The owner of a dwelling (e.g. house, condo, etc.), not a renter; (ii) Married; (iii) You must reside in the dwelling at the time of the recording Please note: the Declaration does not protect you from: (i) loans or debts secured by the dwelling, or (ii) tax liens. For more information you should read section 600.6023 of the Michigan Compiled Ln which the homestead is situated. Voluntary declaration and recording of your homestead declaration can clarify the scope of your homestead, as well as provide clear notice to any potential creditorsle it is not required that you file an affidavit declaring your homestead in order to be eligible for the exemption, Michigan allows for such declarations to be recorded with the clerk of the county irs can still force a sale of your home to recover that surplus amount. It is worth noting that the size of the homestead itself is also limited to 40 acres in rural areas and 1 lot in urban areas. Whiorth of equity in your home will be protected from creditors should a judgment be brought against you. However, any equity over and above this amount is still subject to creditors' claims, and creditod. The homestead law protects a certain amount of your equity in your home from being taken to pay the judgment. In Michigan, the homestead exemption is limited to $3500. This means that up to $3500 wed you will receive a judgment from the court. If you do not pay the judgment, they can then try to collect the judgment by garnishing your wages, having your automobile sold or by having you home solINFORMATION
MICHIGAN DECLARATION OF HOMESTEAD--MARRIED
Overview
A homestead law helps to protect you from losing your home to creditors. If you are sued for money in court and lose, the person who su Michigan
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Michigan Homestead Declaration - Couple
Product Specifications
| Product |
Michigan Homestead Declaration - Couple |
| Country |
United States
|
| State |
Michigan |
| Pages |
5 |
| Dimensions |
Designed for Letter Size (8.5" x 11") |
| Printer compatibility |
Designed to print on all ink-jet and laser printers |
| Sample |
Available (requires Flash plug-in) |
| Editable |
Yes (.doc, .wpd and .rtf) |
| Format |
Microsoft Word
Adobe PDF
WordPerfect
Rich Text Format
|
| Platform |
Windows Compatible
Mac Compatible
Linux Compatible |
| Availability |
In Stock. Instant Download |
| Usage |
Unlimited number of prints |
| Category |
For Couples |
| Product number |
#28122 |
| Download time |
Less than 1 minute (approx.) |
| Document Access |
Via secret online address
Email with download links
Email with attachment upon request |
| Refund Policy |
60 days, no-questions asked, 100% money back guarantee |
| Support |
Customer support 1-800-959-5899
Online support
Additional Help
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| Also known as |
Michigan homestead form,
Michigan homesteading,
Michigan homestead declaration,
Michigan declaration of homestead,
Michigan homestead |
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Michigan Homestead Declaration - Couple
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