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A quick claim deed is a cost-effective method for transferring property, particularly useful for individuals transferring rental properties into an LLC or between family members. This process eliminates the need for legal assistance, which often incurs fees of at least $250. By performing a quick claim deed on your own, you can save money and complete the transfer in less than 15 minutes. It's advisable to check for any liens on the property through resources like the Secretary of State website to ensure all information is accurate before proceeding.