Deed of Trust Form - Michigan

If you would like to use a Michigan Deed of Trust , you should keep in mind that these kinds of deeds involve a borrower (usually named in the deed as a trustor) and a lender (usually named in the deed as a beneficiary) and also involves a third party - a trustee. A trustee holds the title to the real property until a trustor has paid back their loan to a beneficiary. Your deed of trust shall be duly recorded at length by a register of deeds as provided by the Michigan Compiled Laws (565.491). Before submitting your deed for recordation make sure it follows all of the requirements (565.201), otherwise, the register of deeds may refuse it.