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Updated about 8 years ago on . Most recent reply

User Stats

56
Posts
9
Votes
Robert Shoffner
  • Investor
  • Charlotte, NC
9
Votes |
56
Posts

Quit Claim-does title insurance still cover?

Robert Shoffner
  • Investor
  • Charlotte, NC
Posted

I have a title issue that popped up that will be getting worked out over the next 12 months or so. In the meantime, I wanted to quit claim the two or three properties the entity owns into other LLCs or land trusts in case a judgment hits the original LLC down the road.

Will the title insurance continue to cover these properties if I Quit claim them to another LLC or land trust entity that I create and/or own? I am thinking the answer is yes, but I wanted to see if anyone knew or had done it before.

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