[WSBARP] Multi-party Quitclaim?

[Jeanne Dawes]

You may use one deed, and yes I would indicate the undivided ownership shares that are conveying to the LLC.  If it is community property be sure to include the spouse.

Jeanne

Jeanne J. Dawes
Attorney at Law
Gore & Grewe, P.S.
103 E. Indiana Avenue, Suite A
Spokane, WA 99207-2317
Voice:  509-326-7500
Fax:      509-326-7503
jjdawes at goregrewe.com<mailto:jjdawes at goregrewe.com>
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From: wsbarp-bounces at lists.wsbarppt.com [mailto:wsbarp-bounces at lists.wsbarppt.com] On Behalf Of David Faber
Sent: Thursday, July 02, 2015 3:32 PM
To: wsbarp
Subject: [WSBARP] Multi-party Quitclaim?

Good afternoon WSBARP,

I'm working with a group to set up an LLC. They each own equal percentages of a property as Tenants in Common and they want to transfer their ownership of the property to their new LLC. I'm prepared to draw up individual Quitclaim Deeds but I'm wondering if such a thing is necessary. Could I just use a single QC with each Grantor listed? Would you bother including the ownership share of each Grantor or, because in total the entire ownership is being transferred to a single Grantee, such a thing would be superfluous?

Any thoughts appreciated.

Best,
David J. Faber
Faber Feinson PLLC
210 Polk Street, Suite 1
Port Townsend, WA 98368
(360) 379-4110

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