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Updated 7 months ago on . Most recent reply
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Transfer into LLC- Warranty of Quit Claim?! Help!!
Hi everyone.
Getting ready to close on our second investment property in Colorado. I was told by my closer today that she cannot Quit Claim the Deed into an LLC, but said it would have to be a warranty deed because they cannot prepare as the under writers came down on title companies as it is seen as practicing law.
What are the differences in transferring with a Quitclaim vs a warranty deed?
Should I find an attorney that can Quit Claim??
Thanks in advance!
Most Popular Reply
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@Taylor Cook
Why you bothering to transfer to LLc? If mortgage is in your name your veil can be easily pierced
Just get an insurance policy
- Chris Seveney
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