Warranty Deed from two Individuals to LLC - Maryland 2025

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A deed, of course, is a legal document representing property ownership. But you might be wondering if an owner can transfer a deed to another person without a real estate lawyer. The answer is yes. Parties to a transaction are always free to prepare their own deeds.
The main purpose of an LLC is to limit the owners personal liabilities for (and protect personal assets like your home from) the LLCs business, and most real estate investors will hold each property in a separate LLC so that any liability that arises on one property will not affect any other property.
Follow these steps to transfer property to LLC business structures. Make sure your LLC is registered. Review the property title and LLC operating agreement. Draft a deed of transfer. Notarize and file the deed. Notify your mortgage company. Update tax records. Transfer utilities and insurance. Plan for tax complications.
Similarly, to add someone to a deed a new deed must be prepared to transfer the property from all current owners to all new and current owners. The new deed must then be recorded in land records. You can read about the steps to record a new deed at the Peoples Law Library.
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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However, while separating personal and business liabilities is appealing, there are factors to consider. Disadvantages of LLCs for Rental Property Ownership. Disadvantages of LLCs for Rental Property. Cost and Complexity. Financing and Loan Limitations. Administrative and Compliance Burdens. Lack of Personal Tax Benefits.
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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