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Updated almost 2 years ago on . Most recent reply

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Danielle Lynch
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Deed Question: Parent & Subsidiary

Danielle Lynch
Posted

Hi Im doing a quitclaim transfer on a deed from my personal name to my LLC. The LLC is a subsidiary of another LLC of mine.

I.E. The deed is transferring from Danielle Lynch to Harbor View Oasis LLC which is owned by parent company Chicago QTS LLC. Do I need to list the parent company on the deed? If yes, can I hand write it? I already got it typed, printed, and notarized before I thought about this.

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Steve Vaughan#1 Personal Finance Contributor
  • Rental Property Investor
  • East Wenatchee, WA
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Steve Vaughan#1 Personal Finance Contributor
  • Rental Property Investor
  • East Wenatchee, WA
Replied

Don't forget to check to see if your title and hazard insurance policies will be affected.

I'd never do a small / residential property like this.  Maybe @Tom Gimer has a second to assist. 

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