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Updated over 2 years ago,
Transfer partial ownership of a title?
Hi,
I purchased a property with a partner. The deed was in both of our names. I transferred the title from myself to an LLC (via a warranty deed) because we want to own the property under an LLC for liability purposes.
However, I made a mistake -- since I transferred the deed from myself to the LLC, and I only owned half of the title, the county recorder now shows the property to be jointly owned by the LLC and my partner.
How do I transfer the remaining part of the title to the LLC? I assume I can just have my partner file their own warranty deed to transfer the title from my partner to the LLC. That way, the LLC now owns 100% of the title.
Am I missing anything? Would this end up with a weird situation of the property being jointly owned by 2 duplicate entities?