Most Common Document Errors

The following are the most common reasons for a document to be returned for corrections:

                                                                                           

  1. The names printed beneath the signatures must match the names printed in the notary acknowledgment exactly. An individual signing for a trust or company must have their name, title, and the company or trust's name at the signature line. MCL 565.201 (1) (b)
  2. Date missing in Notary Acknowledgement MCL 565.151, 565.154, 565.267
  3. Document must have 2 1/2 inch top margin on first page and 1/2 inch margins on all remaining pages. MCL 565.201 (f) (i)
  4. Drafter's name and address must be on the document. MCL 565.201 (1) (i)
  5. Documents with consideration (price) shall be subject to transfer tax unless appropriate exemptions are stated on the document or a Real Estate Transfer Tax Valuation Affidavit is filed. It cannot state "and other good and valuable consideration". MCL 207.505 Sec.5 & MCL 207.526 Sec.6