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Updated over 6 years ago,
Transferring title of property from personal name to business
I would like to transfer the deed of ownership of two of my rental properties into my LLC. Both properties still have a note on them and I understand that this could trigger a due on sale clause, but I keep receiving conflicting word on whether or not I can do it. I have the quit claim deeds typed up and I’m ready to get them notarized. What other ramifications could I see in the near future other then a potential due on sale clause? Thank you for your time.