Greensboro North Carolina Quitclaim Deed from Corporation to LLC

State:
North Carolina
City:
Greensboro
Control #:
NC-012-77
Format:
Word; 
Rich Text
Instant download

Description

This Quitclaim Deed from Corporation to LLC form is a Quitclaim Deed where the Grantor is a corporation and the Grantee is a limited liability company. Grantor conveys and quitclaims the described property to Grantee less and except all oil, gas and minerals, on and under the property owned by Grantor, if any, which are reserved by Grantor. This deed complies with all state statutory laws.
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Here are eight steps on how to transfer property title to an LLC: Contact Your Lender.Form an LLC.Obtain a Tax ID Number and Open an LLC Bank Account.Obtain a Form for a Deed.Fill out the Warranty or Quitclaim Deed Form.Sign the Deed to Transfer Property to the LLC.Record the Deed.Change Your Lease.

A North Carolina quit claim deed is a legal form used to convey real estate in North Carolina from one person to another. A quitclaim, unlike a warranty deed, does not come with a guarantee from the seller, or grantor, as to whether the grantor has clear title to the property or has the authority to sell the property.

A quitclaim deed is what some people think is called a ?quick? claim deed ? but the correct terminology is quitclaim deed. In North Carolina, a quitclaim deed is a document that is signed by two parties with the purpose of transferring one party's interest in real estate to another party.

Transferring Property Titles from an Individual to a Florida LLC. Meet with Your Mortgage Lender. Form a Florida LLC. Obtain a Form for a Deed. Fill Out Warranty or Quitclaim Deed Form. Sign the Deed to Transfer Property to the Florida LLC. Submit the Deed for Public Record. Update the Lease.

Signing - For a quitclaim deed to be accepted by the state of North Carolina, it must be signed by the seller of the property in the presence of a Notary Public (§ 47-38). Recording - After being notarized, this legal form should be filed with the Register of Deeds in the county where the property is located.

Transferring your property to an LLC is usually achieved by filing a quitclaim deed, a general warranty deed, or some other kind of deed to facilitate a transfer of the property from you to your LLC. Otherwise, as you acquire property, it can be directly purchased in the name of your LLC.

Can I prepare my own deed and have it recorded? North Carolina law allows you to prepare a Deed of Conveyance for any real property to which you have legal title. However, the conveyance of real property is a legal matter that should be given under and with the advise of legal counsel.

A quitclaim deed to LLC is actually a very simple process. You will need a deed form and a copy of the existing deed to make sure you identify titles properly and get the legal description of the property.

Here are eight steps on how to transfer property title to an LLC: Contact Your Lender.Form an LLC.Obtain a Tax ID Number and Open an LLC Bank Account.Obtain a Form for a Deed.Fill out the Warranty or Quitclaim Deed Form.Sign the Deed to Transfer Property to the LLC.Record the Deed.Change Your Lease.

A quitclaim deed in Florida is a legal document that transfers whatever title a grantor has in real property to someone else. The person receiving the property is called a grantee. The quality of title the grantee receives depends upon the title in the hands of the grantor.

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Greensboro North Carolina Quitclaim Deed from Corporation to LLC