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Updated over 6 years ago on . Most recent reply

User Stats

44
Posts
17
Votes
Robert Campbell
Pro Member
  • Real Estate Agent
  • Belleville, IL
17
Votes |
44
Posts

Will Quit Claim Deed Void Warranty Deed

Robert Campbell
Pro Member
  • Real Estate Agent
  • Belleville, IL
Posted

Im about to Quit Claim Deed the two rental properties I have acquired as an aside to my "flipping" activities from my own name, to my LLC. As I fill these forms out it occurs to me - will the Quit Claim from Myself, to my Me-Only LLC, void the Warranty Deed established when I purchased the property?

The purpose of the Quit Claim deeds is to totally isolate the "company" assets for liability reasons, also so that the "company" is something I can sell one day to another investor, or give to my daughter by making her a member.

  • Robert Campbell
  • Loading replies...