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How do I transfer my property (clear title) into an LLC?

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Icon Mini Profile infoegwalker





Joined: 25 Aug 2008

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Post Posted: Mon Aug 25, 2008 12:35 pm    Post subject: How do I transfer my property (clear title) into an LLC?
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I purchased a home for $2,500. I now want to sell or quit claim deed the home to my LLC. Would it be better to sell it for $1,000 or just quit claim deed it for $1.00 to my LLC.

Elizabeth
Icon Mini Profile larry





Joined: 27 Jun 2007

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Post Posted: Mon Aug 25, 2008 11:28 pm    Post subject:
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Hi Elizabeth,

Welcome to the forums. You have bought a home purchased a home for $2,500? As the title is clear you can simply quitclaim it to LLC. Take help from an attorney to prepare the deed and make the Quitclaim Deed valid. Feel free to ask if you have any further questions.

Best of luck,
Larry
Icon Mini Profile infoegwalker





Joined: 25 Aug 2008

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Post Posted: Tue Aug 26, 2008 8:31 am    Post subject: Quitclaim clear title home to LLC
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Thank you for the insight.
gina

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Post Posted: Mon Oct 06, 2008 2:17 pm    Post subject: land transfer
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I am paying off my 3 acres this week just wondering where I have to go to get this done? I am purchasing it from family.
Icon Mini Profile jerry
jerry
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Joined: 17 Oct 2005



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Post Posted: Fri Oct 10, 2008 4:39 am    Post subject:
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Hi Gina!

You can contact your real estate agent who will help you while title transfer. Or you can also consult a title transfer company for this. You will have to execute a quitclaim deed in this respect.

Thanks,

Jerry
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