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Deed transfer

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mpaclinic Joined: 20 Nov 2009 Posts: 1 1.25 Dollars($)	Posted: Fri Nov 20, 2009 10:33 am    Post subject: Deed transfer Like 0 Dislike 0 Colorado real estate of my mother-in-law's estate to be transferred to LLC formed by heirs. Is this a warranty deed transfer?
smithsussane Joined: 18 Sep 2008 Posts: 10038 Location: Alaska 920.62 Dollars($)	Posted: Fri Nov 20, 2009 9:40 pm    Post subject: Like 0 Dislike 0 Hi mpaclinic! Welcome to forums! As far as I know, a warranty deed can be used if there is no mortgage on the property. If there's a mortgage on the property, then the heirs will have to use a quitclaim deed in order to transfer the property into an LLC. Feel free to ask if you've further queries. Sussane

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