We can help to transfer your real estate to another person or entity by deed.  The transfer may occur immediately or only upon your death.  There are a variety of deeds that may be used to ensure the outcome you desire. 

Types of Deeds

• Quitclaim deed
• Warranty deed
• Lady-bird deed
• Life estate deed
• Limited warranty deed

Our Steps to Transfer Real Estate

1. Review current ownership of property.
2. Meet with you to discuss your objectives.
3. Draft deed to your specifications.
4. Prepare a "Property Transfer Affidavit".
5. Meet with you to sign and notarize documents.
6. Record deed with register of deeds.
7. File Property Transfer Affidavit.

Our Fees and Costs for this Service

• Deed preparation and filing:  $425
• Recording fee:  $40
• Property Transfer Affidavit:  included

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We can help to transfer your real estate to an existing trust. The transfer may occur immediately or only upon your death.  There are several types of deeds that may be used to transfer property to a trust. 

Types of Deeds

• Quitclaim deed
• Warranty deed
• Lady-bird deed

Our Steps to Transfer Property to a Trust

1. Review current property ownership.
2. Review trust for trustee powers.
3. Meet with you to discuss your objectives.
4. Draft deed to your specifications.
5. Draft Propety Transfer Affidavit (if necessary).
6. Draft Certficate of Trust (if necessary).
7. Meet with you to sign and notarize documents.
8. Record deed with register of deeds.
9. Record Certificate of Trust.
10. File Property Transfer Affidavit with local assessor (if necessary).

Our Fees and Costs for this Service

• Deed preparation:  $425
• Recording fee for deed:  $40
• Property Transfer Affidavit:  included
• Certificate of Trust preparation:  $375
• Recording fee for certificate:  $40

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We can help you add or remove a co-owner on your property (with their permission, of course).  There are several types of deeds that may be used to achieve your objectives. 

Types of Deeds

• Quitclaim deed
• Warranty deed
• Lady-bird deed
• Life estate deed

Our Steps to Transfer Real Estate

1. Review current ownership of property.
2. Meet with you to discuss your objectives.
3. Draft deeds to your specifications.
4. Draft a "Property Transfer Affidavit".
5. Meet with you to sign and notarize documents.
6. Record deed with register of deeds.
7. File Property Transfer Affidavit.

Our Fees and Costs for this Service

• Deed preparation and filing:  $425
• Recording fee:  $40
• Property Transfer Affidavit:  included

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If you want to purchase or sell a parcel of property, we can help you to complete the transaction from start to finish.

Our Steps to Purchase or Sell Real Estate

1. Consult with you regarding the terms of your transaction.
2. Draft a purchase agreement between buyer and seller.
3. Assist with Seller Disclosure Statement.
4. Faciltiate title commitment, title insurance, and closing with a reputable title company. 
5. Review title commitment for requirements to complete transaction. 
6. Assist to complete title company requirements to close.
7. Review closing statement and assist with adjustments.

Our Fees for this Service

• Preparation of purchase agreement and closing with title company:  $2,500

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If you co-own property with other people, it's important to create an agreement regarding how the property will be managed, used, and transferred upon the occurrence of certain events (such as death, divorce, incapacity, voluntary withdrawal, etc.). We can help you draft a co-ownership agreement that will prevent disputes in the future. 

Our Steps to Draft a Co-Ownership Contract

1. Review property ownership.
2. Consult with owners regarding the terms of their agreement.
3. Draft a co-ownership agreement.
4. Meet with owners to sign and notarize documents.
5. Record the contract with the register of deeds.

Our Fees and Costs for this Service

• Draft co-ownership contract:  $1,750
• Recording fee:  $40

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If you are new to the real estate business, or a seasoned veteran, we can help you form a new business entity to manage your next real estate project.  

Our Steps to Form a New Business Entity

1. Consult with owners regarding entity formation.
2. Draft articles of organization or incorporation.
3. Draft operating agreement or bylaws to govern management of the entity.
4. Draft certificates to confirm each owner's share of the entity.
5. Meet with owners to sign and notarize documents. 
6. File articles with State of Michigan.
7. Acquire a new tax identification number.
8. Coordinate new entity with owner's personal estate plan.
9. If requested, draft a buy-sell agreement among multiple owners regarding how ownership will be transferred upon the occurrence of certain events (death, incapacity, withdrawal, etc.).

Our Fees for this Service

• Create single-owner entity:  $475
• Create multiple-owner entity:  $1,375
• Draft buy-sell agreement among multiple owners:  $2,450
• Filing fee for articles:  $50

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Trust are incredibly flexible tools to own and manage property.  Here are just some of the ways that trusts can be used for real estate:

• Preserve real estate for future generations
• Allow another person to use real estate for their lifetime
• Transfer real estate upon death
• Manage real estate among multiple co-owners

There are many other uses for trusts.  We would be glad to discuss whether a trust is the right tool for your situation. 

Our Steps to Create a New Trust

1. Consult with you regarding your objectives.
2. Draft a trust to meet your particular needs for real estate management.
3. Draft deeds to transfer real estate to your trust.
4. Meet with you to sign and notarize documents. 
5. Record deeds.

Our Fees for Real Estate Trusts

• Real Estate Trust:  $1,750 
• Deed Preparation:  $375
• Deed Recording Fee:  $40

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We can help you with a residential or commercial lease for your property. Commercial leases tend to be considerablly more complex that residential leases, which is the reason for the additional fees. 

Our Services for Lease Preparation

1. Consult with you regarding terms of lease.
2. Draft lease to your specifications.
3. Meet with parties to sign and notarize documents. 

Our Fees for this Service

• Residential lease:  $950
• Commercial lease:  $2,450

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