Q: I want to change the names on the title of a house to one LLC instead of multiple people
My husband and I currently own a home under our LLC with my parents who have their portion under their names. We use it for a short term rental. But I set up a new LLC for the house and we are each 25% managing partners. I want to get the title of the home under the new business LLC. Do we just need to do quit claim paperwork and file that with the county clerk? If so what is the charge on something like this or is there an easier way to get this done?
A: Easier way to get it done is to consult with a real estate attorney. Quitclaim deeds can cause more problems than they solve.
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