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Updated almost 6 years ago on . Most recent reply

User Stats

59
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36
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Jonathan James Look
  • Rental Property Investor
  • Berkeley, CA
36
Votes |
59
Posts

Is there a Property Title Transfer Service?

Jonathan James Look
  • Rental Property Investor
  • Berkeley, CA
Posted

Hi All!

I am looking into transferring title of a REI property I just purchased into a yet-to-be-created LLC. Since I'm planning on scaling up to many homes in different markets, I'm wondering if there is a legal service that would handle filling out the proper forms, etc, and doing the transfer properly (I understand I'll need to be involved, e.g. with signatures). Or is this something that my attorney would work with me on?

Thanks!

Most Popular Reply

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532
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Stanley Bronstein
  • Attorney, CPA, Broker & Author
  • Scottsdale, AZ
488
Votes |
532
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Stanley Bronstein
  • Attorney, CPA, Broker & Author
  • Scottsdale, AZ
Replied

@Andy Mirza While I have only done a few transactions in California, I think if you used a Special Warranty Deed (which is just a form of a Grant Deed, but more specific) AND you filled out the transfer disclosure statement that shows it is exempt (as being from an individual to an LLC that the individual controls), you should be okay.

I would want a California lawyer to chime in on this, but I think California has you covered.

Like I said before, I'm a strong proponent of using warranty deeds instead of quitclaims, in most situations.

Your mileage may vary, and I respect that. I've just seen one or two too many quitclaim issues crop up over the past 25+ years.

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