Gift Affidavit - Michigan

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Michigan · Fillable PDF · Free

A gift affidavit confirms that money or property was given as a gift, not a loan. Mortgage lenders often require one for down payment funds. A gift affidavit confirms that money or property was given as a gift, not a loan. Mortgage lenders often require one for down payment funds.

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Who this form is for

  • A gift affidavit confirms that money or property was given as a gift, not a loan. Mortgage lenders often require one for down payment funds.

What you'll need

  • Read the packet and check the receiving agency's required form.
  • Gather the names, dates and supporting records requested in the document.
  • Review the packet's signing, identification and witness instructions.

How to complete it

  1. Describe the gift (Page 1) Enter the donor, recipient, amount or property, and date.
  2. Vehicles For a vehicle given as a gift, the Michigan Secretary of State title transfer also applies, and a gift between immediate family members is exempt from use tax.
  3. Sign under oath before a notary Do not sign ahead of time. Sign in front of the notary, who will place you under oath. Bring a current, government-issued photo ID.
  4. We can handle this for you.

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