Receiving a Deed
There’s two kinds of deeds: warranty and quitclaim deeds. In many instances, once you buy home, you obtain a guarantee deed.
The guarantee deed states that the house has a clear title вЂ“ this deed transfers to your LLC with similar guarantee.
A quitclaim deed to move any interest is passed by a title you must the LLC. This deed doesnвЂ™t guarantee that the property is owned by you or that the name is great.
Changing Your Rent
Once youвЂ™ve acquired and filled away a deed form together with the deed recorded, you really need to replace your rent if you should be leasing the house. (more…)