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Quitclaim Deed from Corporation to LLC - Kentucky

Quitclaim Deed from Corporation to LLC - Kentucky 2025

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This document is a Quitclaim Deed executed between a Corporation and a Limited Liability Company (LLC) in Kentucky, transferring the Corporation's rights, title, and interest in specified real property to the LLC for a nominal consideration of one dollar. The deed includes legal descriptions of the property, reservations of oil, gas, and minerals, and acknowledges existing easements and covenants.

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What are the disadvantages of a quit claim deed?

0:16 2:25 It might seem like a long time. But remember good things come to those who wait. The first step isMoreIt might seem like a long time. But remember good things come to those who wait. The first step is to prepare the deed. This involves drafting the document. Getting it notarized.

How does a quit claim deed work in Kentucky?

A Quit claim deed is defined as follows: A deed of conveyance operating by way of release; that is, intended to pass any title, interest or claim which the grantor may have in the premises, but not professing that such title is valid, no containing any warranty or covenants for title.

How long does it take to file a quit claim deed?

The quitclaim deed simply transfers any interest they may have to the other party. Because of the lack of title guarantees, quitclaim deeds are most often used to transfer property between two parties who know and trust each other, such as family members.

How to file a quit claim deed in Kentucky?

0:09 1:54 A quick claim deed is a legal document that transfers ownership interest in real estate. It does notMoreA quick claim deed is a legal document that transfers ownership interest in real estate. It does not guarantee that the branch. Valit. Companies often handle real estate transactions.