Which document is typically not required to finalize a conveyance?

In the process of finalizing a conveyance, the buyer’s signature is not typically a strict requirement, especially in certain transactions or under specific legal frameworks. The property deed is essential as it serves as the legal document that conveys ownership from the seller to the buyer and must be signed to effectuate the transfer. Similarly, a closing statement is crucial because it provides a detailed account of the financial aspects of the transaction, including the amounts due from both parties. Title insurance is also significant since it protects the buyer and lender from any issues related to the title that could arise after the purchase.

In some circumstances, such as a power of attorney being used for the buyer, the buyer may not need to sign the documents directly. This flexibility can vary by state law and the specifics of the transaction, making it plausible that the buyer’s signature isn’t mandatory to finalize conveyance in every case. This is particularly relevant in Michigan, where statutory provisions may allow for alternative arrangements regarding signature requirements.