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In transferring property to a limited liability company (LLC), a common mistake is using a quit claim deed. This type of deed is not advisable because it does not provide warranties, meaning it does not ensure the clarity of the property transfer. When you use a quit claim deed, it signals to third parties that you remain associated with the business entity behind the transaction, even if your name isn't directly mentioned. In contrast, when purchasing property, such as in a typical transaction, a warranty deed is used, which offers more assurance. Therefore, it's crucial to avoid quit claim deeds and opt for deeds that properly convey ownership and liability.