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A quick claim deed is a cost-effective method to transfer property ownership, particularly useful for individuals transferring rental properties into an LLC or between family members. It allows for the avoidance of lawyer fees, which typically start at around $250. Many people take on this task themselves if they are comfortable ensuring that all necessary information is accurate, such as checking for liens via the Secretary of State's website. The process can be completed in under fifteen minutes, making it an efficient option for those knowledgeable about property documentation.