South Dakota Quitclaim Deed from Corporation to LLC

State:
South Dakota
Control #:
SD-012-77
Format:
Word; 
Rich Text
Instant download

Description South Dakota Llc

This form is a Quitclaim Deed where the grantor is a corporation and the grantee is a limited liability company. Upon ordering, you may download the form in Word, Rich Text or Wordperfect formats.

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Corporation Limited Liability Company Form popularity

South Dakota Quitclaim Other Form Names

South Dakota Quitclaim Deed Form   South Dakota Llc Application   Sd Deed Corporation   Quitclaim Deed Llc   South Dakota Deed   South Dakota Deed Form  

FAQ

Quitclaim deeds are most often used to transfer property between family members. Examples include when an owner gets married and wants to add a spouse's name to the title or deed, or when the owners get divorced and one spouse's name is removed from the title or deed.

When done properly, a deed is recorded anywhere from two weeks to three months after closing. However, there are many instances where deeds are not properly recorded. Title agents commit errors, lose deeds, and even go out of business. Even county offices sometimes fail to record deeds that were properly submitted.

A quitclaim deed is a legal instrument that is used to transfer interest in real property.The owner/grantor terminates (quits) any right and claim to the property, thereby allowing the right or claim to transfer to the recipient/grantee.

A Quitclaim Deed must be notarized by a notary public or attorney in order to be valid.Consideration in a Quitclaim Deed is what the Grantee will pay to the Grantor for the interest in the property.

But you might be wondering if an owner can transfer a deed to another person without a real estate lawyer. The answer is yes. Parties to a transaction are always free to prepare their own deeds.A quitclaim deed, for example, is far simpler than a warranty deed.

Step 1: Download the SD quitclaim deed form. Step 2: List information about the grantor, who is the person selling or giving away the property. Step 3: List information about the grantee, the person receiving the property.

Fill out the quit claim deed form, which can be obtained online, or write your own using the form as a guide. The person giving up the interest in the property is the grantor, and the person receiving the interest is the grantee.

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South Dakota Quitclaim Deed from Corporation to LLC