Quitclaim Deed from Corporation to LLC - Virginia: Fill out & sign online

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What is the advantage of putting a property in an LLC?

Avoiding personal liability This is the major advantage of an LLC. You want the best option for limiting your personal liability should an unforeseen circumstance arise relating to your property. LLCs provide that protection.

How do you quit claim a property in VA?

Virginia Requirements for Quit Claim Deeds A legal description of the property must be included, and there should be a statement regarding how the grantor came to be in possession of the property. The deed should be docHubd both parties must sign the deed in the presence of a notary public, who will also sign it.

Why would a quitclaim deed be needed in Virginia?

Virginia couples can consider using a quit claim deed for several reasons: To transfer title for the shared marital home wholly to the other spouse. To give a home to a child without being liable for any problems (home, property lines, water) that may arise. To transfer property title from an individual to a

Who signs a quit claim deed in Virginia?

Signing (VA Code Ann. 55.1-600) The grantor(s) have the choice of authorizing the form in front of two (2) witnesses or a notary public.

How does a quitclaim deed work in Virginia?

A Virginia quitclaim deed form (sometimes called a quick claim deed or quit claim deed) transfers Virginia real estate from the current owner (grantor) to the new owner (grantee) without a warranty of title. The grantee acquires only the interest that the grantor had.