Sign In
Michigan Disclaimer/Renunciation of Property - Description
A beneficiary of an interest in property in Michigan can disclaim and renounce all or part of a bequeathed interest in, or power over, that property under MCL 700.2902, as long as it has not been accepted through actions that indicate ownership or through a written waiver of the right to disclaim (MCL 700.2910).
The written disclaimer must identify the creator of the interest, provide a description of the disclaimed interest, a declaration of the disclaimer and its extent, and it must be signed by the disclaiming party (MCL 700.2903).
A disclaimer must be delivered in order to be valid, which can be done by mail or in person (MCL700.2906(1)). There is no time limit on this delivery in Michigan statutes, but federal guidelines require that it be received by the transferor, the legal representative, the trustee(s), or the current holder of title within nine months of the transfer (usually the death of the creator). The disclaimer may also be filed with the probate court that would or is going to handle the estate. In the case of real property, it can be recorded with the register of deeds in the county where the property is located (MCL 700.2906(3)).
A disclaimer functions as a non-acceptance rather than as transfer of the interest; it is irrevocable and binding for the disclaimant and those claiming under him or her (MCL 700.2909), so be sure to consult an attorney when in doubt about the drawbacks and benefits of disclaiming inherited property.
Deeds.com Michigan Disclaimer of Interest Forms Have Been Updated as Recently as Friday March 10, 2023
4.8 out of 5 (3969 Reviews)What others like you are saying:
Dr. Rev. Cheryl T. said: five stars thanks so m,uch so easy to use and save. Good Job... Peace & many Blessings Sincerely, dr. Rev. Cheryl israel tibbrine
Reply from Staff: Thank you for your feedback. We really appreciate it. Have a great day!
Sandra W. said: I think this is going to be a very resourceful website, really have not had a chance to fully navigate yet. I look forward to accessing more.
Reply from Staff: Thank you!
CARMEN R J. said: Thank you intensly
Reply from Staff: Thank you!
Matthew G. said: Second time using Deeds.com. Easy and professional
Reply from Staff: Thank you Matthew. Have a great day!
Valerie C. said: Thanks
Reply from Staff: Thank you!
Johnnie R. said: quick and easy to use
Reply from Staff: We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Use of Deeds.com Legal Forms. On our Site we make available for use self-help "fill in the blank" forms. If you use a form on our Site, you explicitly agree to our Terms of Use. You understand and agree that your purchase and/or use of a form document is neither legal advice nor the practice of law, and that each form and any applicable instructions or guidance is not customized to your particular needs, not guaranteed or warranted to be current, up to date, or accurate.
NO WARRANTY. Do It Yourself Legal Forms available on our Website are not guaranteed to be usable, correct, up to date, or fit for any legal purpose. Use of any Do It Yourself Legal Form from our website is done so AT YOUR OWN RISK.
If you use any Do It Yourself Legal Form available on Deeds.com, you agree that: TO THE EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT WILL WE BE LIABLE FOR DAMAGES OF ANY KIND (INCLUDING, WITHOUT LIMITATION, LOST PROFITS OR ANY SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES) ARISING OUT OF OR IN CONNECTION WITH THE LEGAL FORMS OR FOR ANY INFORMATION OR SERVICES PROVIDED TO YOU THROUGH THE DEEDS.COM WEBSITE. TO THE EXTENT THE FOREGOING LIMITATION OF LIABILITY IS PROHIBITED, OUR SOLE OBLIGATION TO YOU FOR DAMAGES WILL BE LIMITED TO $100.00.
Nothing on this website should be considered a substitute for the advice of an attorney.
© DEEDS.COM INC. 1997 - 2023 ALL RIGHTS RESERVED | (330) 606-0119 | P.O. Box 5264, Fairlawn, OH 44334