Raleigh North Carolina Quitclaim Deed from Individual to LLC

State:
North Carolina
City:
Raleigh
Control #:
NC-07-77
Format:
Word; 
Rich Text
Instant download

Description

This Quitclaim Deed from Individual to LLC form is a Quitclaim Deed where the grantor is an individual 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.
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FAQ

A deed is a legal instrument that evidences legal ownership of a parcel of real property, which includes land and any buildings on the land. To transfer ownership of land in North Carolina, the owner must execute and file a new deed with the register of deeds for the North Carolina county where the property is located.

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.

A quitclaim deed is likely the fastest, easiest, and most convenient way to transfer your ownership interest in a property or asset to a family member. Unlike other kinds of deeds, such as general and special warranty deeds, quitclaim deeds make no warranties or promises about what is being transferred.

To transfer ownership of land in North Carolina, the owner must execute and file a new deed with the register of deeds for the North Carolina county where the property is located.

Signing (N.C.G.S.A. § 47-38) ? All quit claim deeds are required to be signed with the Grantor(s) being witnessed by a Notary Public.

A deed, of course, is a legal document representing property ownership. 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.

Almost all instruments presented for recordation first must be acknowledged (notarized) before the Register of Deeds can record the instrument. Notary Publics are authorized by North Carolina law to perform this duty.

North Carolina's transfer tax rates are straightforward ? expect to pay $1 for every $500 of the sale price. For the state's average home value of $320,291, the transfer tax would amount to $640.58.

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More info

This question comes up for investors who own only a few residential investment properties. B. We hope you find our FSBO resources useful!How to Edit and fill out North Carolina General Warranty Deed Online. Lind November 8, 2019 Templates No Comments. ; Court Employee is someone who works for a court and who helps people fill out forms. In the noise state highway North Carolina notaries can perform video.

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Raleigh North Carolina Quitclaim Deed from Individual to LLC