Posted by John Merchant on April 23, 2004 at 10:18:08:
Any transfer of ownership in any US RE requires a new deed from present owner to new owner.
Many good books re LLCs and how to use them…also MANY articles & posts on this site about same, so I suggest you read all those before looking further.
Can I transfer a deed in New York? - Posted by Jack
Posted by Jack on April 22, 2004 at 23:43:35:
Hey,
I recently bought a foreclosure property in New York, and I have heard that I should place it in a corp or LLC and then deal with it from there (to sell rent, etc…). The property is in our names (me and a partner) currently. How do we tranfer ownership from us to the LLC? BTW, there is a mortgage on the property in my name.
Where can I find advice on using corps and LLC’s in Real Estate?
Thanks!
Jack