Under Michigan law, which of the following is a required element for a deed to be legally valid and effective to transfer title to real property?
Correct Answer
A) Delivery and acceptance by the grantee
Under Michigan law, delivery and acceptance are essential elements for a deed to be legally effective to transfer title. A deed that is signed and notarized but never delivered to the grantee does not transfer title. Delivery requires the grantor to intend to immediately pass title to the grantee, and acceptance by the grantee (which is presumed in most cases when the conveyance is beneficial) completes the transfer. Without delivery and acceptance, the deed is legally ineffective regardless of its other contents.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Riparian rights concern properties bordering flowing bodies of water (rivers, streams), while littoral rights concern properties bordering non-flowing bodies of water (lakes, oceans).
The bundle of rights describes the rights associated with property ownership, allowing owners to use, control, enjoy, exclude others from, and dispose of the property.
Community property is a form of ownership recognized in certain states where property acquired during marriage is considered equally owned by both spouses, regardless of who earned the money or whose name is on the title.
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