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A quick claim deed is a cost-effective method for transferring properties, especially for individuals setting up an LLC or transferring assets between family members. It eliminates the need for a lawyer, saving on typical fees that start at $250. Those familiar with property documentation can handle the process themselves, ensuring all necessary information is updated and checking for any liens through the Secretary of State website. The entire process can be completed in less than fifteen minutes, making it a practical option for property owners looking to save money.