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Quitclaim Deed from Individual to LLC - New Mexico 2026

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The document is a Quitclaim Deed transferring property from an individual (Grantor) to a Limited Liability Company (Grantee) in New Mexico for a nominal consideration of ten dollars. It includes details about the property, legal descriptions, and conditions regarding taxes and mineral rights. The deed requires signatures and notarization to be valid.

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Click ‘Get Form’ to open the Quitclaim Deed in the editor.
Begin by filling in the 'Prepared by' section with your name, firm/company, address, and contact information. This ensures proper identification of the parties involved.
In the main body, identify yourself as the 'Grantor' and enter your name. Then, specify the 'Grantee' as the LLC by entering its name and state of organization.
Provide a detailed legal description of the property being transferred. If you have an attachment (Exhibit A), ensure it is referenced correctly.
Indicate any prior instrument references and any reservations regarding oil, gas, and minerals if applicable.
Fill in tax proration details based on your agreement with the Grantee regarding who will pay taxes for the specified year.
Sign and date the document where indicated. Ensure that if married, both spouses sign if required.
Complete the notary section to validate your signature before submitting or recording the deed.

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How do I transfer a property to an LLC?

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.

Can you quit claim a property to an 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).

Can I quit claim a property to my 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.

Can you remove a property from an LLC?

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.

What are the disadvantages of an LLC for a property?

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.

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