Bill > HB5367

This bill modifies the requirements for recording documents with a register of deeds in Michigan, updating several existing provisions for instrument recording. The bill requires that documents have specific formatting and information standards, such as legibly printed names beneath signatures, notary information, and grantee addresses. For documents executed after April 1, 1997, there are detailed requirements about margins, print size, and paper quality. The bill introduces new provisions related to social security number protection, mandating that the first five digits be obscured. A significant new addition is a requirement for single-family residential dwelling transfers to state the total fair market value and either include documentary stamps or explain why they are not subject to the bulk-buyer transfer surtax. The bill also clarifies that registers of deeds cannot reject an instrument for recording if it meets the established requirements, and adds definitions for terms like "bulk-buyer transfer surtax" and "single-family residential dwelling". The bill is tied to another piece of legislation and will only take effect if that companion bill is also enacted, ensuring coordinated legal changes.

Government Affairs

https://legislature.mi.gov/Bills/Bill?ObjectName=2025-HB-5367