Quitclaim Deed from Husband and Wife to LLC - West Virginia 2026

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  1. Click ‘Get Form’ to open the Quitclaim Deed in the editor.
  2. Begin by entering the names of the Grantors (Husband and Wife) in the designated fields, ensuring accuracy for legal purposes.
  3. Fill in the name of the Grantee (the LLC) and its state of organization. This is crucial as it identifies who is receiving the property.
  4. Provide a detailed legal description of the property being transferred. If you have an Exhibit A, attach it as instructed.
  5. Complete the declaration of consideration section by stating either the total consideration paid or its actual value, as required.
  6. Both Grantors must sign and date the document. Ensure that their names are printed clearly beneath their signatures.
  7. Finally, have a Notary Public acknowledge the signatures to validate the deed before submission.

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Transferring Property to the LLC The deed should clearly state the LLC as the new owner of the property. File the Deed with the County Recorders Office Once the deed is prepared, file it with the county recorders office where the property is located. This officially transfers ownership of the property to your LLC.
A quitclaim deed is another type of deed that can be used to transfer property to an LLC. Unlike a warranty deed, a quitclaim deed does not provide any personal guarantee regarding the title or condition of the property. Instead, it transfers the interest or rights the seller has in the property to the buyer (the LLC).
A quit claim deed to LLC transfers property ownership but does not guarantee the property is free from liens or encumbrances. LLCs provide liability protection for real estate owners, but transferring property using a quit claim deed does not remove personal liability from an existing mortgage.
Three advantages to using an LLC for rental property are pass-through of income and losses, protecting personal assets, and creating a flexible ownership structure. Drawbacks to using an LLC include possible self-employment tax, difficulty of financing, and annual fees.
So, if title is already held by both the individual and the LLC, the most straightforward method is to use a quitclaim deed so that the LLC can renounce, or quit, their ownership in the property.

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People also ask

West Virginia Code 36-1-1 states that real property transfers must be made by a written deed. The deed must be signed by the grantor (the person transferring the property) and must clearly describe the property being conveyed.
Its a really simple process. You simply sign a quit claim deed transferring an undivided 50% interest to the house to your wife. The deed needs to be witnessed, docHubd, and then recorded in the real property records of the city/county in which the property is located. Thats it! :)

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