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Updated 9 months ago,

User Stats

912
Posts
107
Votes
Patrick Philip
  • Florida
107
Votes |
912
Posts

Selling from my LLC to my personal name. Quit Claim or Warranty Deed?

Patrick Philip
  • Florida
Posted

I am wondering what's the best type of deed to use to sell a vacant lot I have from my LLC to my personal name. I am going to build a house on it with cash and live in it. I will probably sell it after 2-3 years.

Should I use a Warranty Deed or a Quit Claim Deed? I don't want to get title insurance if I can avoid it because I know I own it. I don't need it to get a building loan because I'm building with cash.

I thought a Warranty Deed would be better so nobody in the future has any questions about chain of ownership. But I don't want to do this if it's not 100% necessary because then the title company will force me to purchase a new title insurance policy.

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