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Document the transfer of personal assets to the LLC by preparing a deed or bill of sale for each asset. These documents should specify the asset being transferred, its fair market value, and the consideration (if any) given to the transferor.
Each grantor must sign the deed in the presence of a notary public for a valid transfer. Transfers in Arkansas require two witness signatures (A.C.A. 18-12-104). All signatures must be original.
The Legal Process of Transferring Real Estate The legal transfer of real estate in Arkansas involves several steps: The owner must sign the Arkansas beneficiary deed and have it notarized to affirm their intent. The deed must be recorded at the county recorders office before the owners death to ensure its validity.
In Arkansas, warranty deeds and all other instruments of writing for the conveyance of real estate should be executed in the presence of two witnesses not involved in the transaction or acknowledged by the grantor in the presence of two such witnesses, who should then subscribe the deed.
How to Transfer Your Real Property to an LLC Step 1: Contact Your Lender; Contact Your Title Insurance Company; Contact Your Homeowners Insurance Company. Step 2: Create an LLC and Maintain Corporate Formalities. Step 3: Open a Bank Account in the Name of the LLC. Step 4: Fill Out and Record Deed. Step 5: Change the Lease.
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The way a quitclaim deed works is that this type of transfer makes no seller guarantees. It merely states that the seller transfers any ownership interest to the buyer. So if the seller has absolutely no ownership interest in the property, thats precisely what transfers in a quitclaim deed to any buyer.
Self-filing the deed without an attorney is the most economical option for transferring real property title. However, it requires careful attention to detail. The Registers Office wont provide assistance or highlight mistakes in the paperwork.

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