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A quick claim deed is a cost-effective method for transferring property ownership, particularly beneficial for transferring rental properties into an LLC. This process can save individuals significant lawyer fees, as it’s possible to complete the transfer without legal assistance if the necessary information is known and liens are checked. Many people utilize this method for transfers within families. By researching lien statuses, often found on the Secretary of State's website, individuals can ensure a smooth transfer. Completing a quick claim deed typically takes less than 15 minutes, while hiring a lawyer can cost a minimum of $250.