[WSBARP] Deed Question

Paul pneumiller at hotmail.com
Wed Dec 7 09:40:17 PST 2016


Two thoughts come to mind:  1.  I know this sounds silly but maybe the City just needs to paper its file showing due diligence, so why not have C & D sign a new Statutory Deed transferring the property into their names.  Then the City will have a document in its file that says "Statutory Warranty Deed" in favor of C & D; or 2. I doubt it is necessary to have every past transaction be with a SWD, so if the LLC still exists, why not have the LLC sign a new SWD in favor of C & D.

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From: wsbarp-bounces at lists.wsbarppt.com [mailto:wsbarp-bounces at lists.wsbarppt.com] On Behalf Of Keil Larsen
Sent: Tuesday, December 6, 2016 5:36 PM
To: WSBA Real Property Listserv <wsbarp at lists.wsbarppt.com>
Subject: [WSBARP] Deed Question

All,

I have a question that I need some help with regarding how to obtain a Statutory Warranty Deed when a parcel of real property has been transferred by a Quit Claim Deed.

Facts:

Able buys property and receives it by way of a statutory warranty deed.
Able marries Betty and quit claims the property from himself individually to his marital community.
Able and Betty later quit claim the property into an LLC in which they are the only members.
Over time, ownership in the LLC is transferred to Carl and Dot, a married couple, who become the only members.
LLC quit claims the property Carl and Dot individually.

Carl and Dot now want to take advantage of an energy savings program offered by the city where the property is situated but the city is requiring that they show that they received the property under a Statutory Warranty Deed.

What is the easiest way to rectify this?  Do we need to resort to a Quite Title Action or is it sufficient to draft a Warranty Deed from Able to Carl which should essentially transfer any remaining interest that Able would theoretically still hold in the property?

Thank you for all the positive and helpful advice,

Keil

Keil A. Larsen
Attorney
Reed Pruett Walters pllc<http://www.rpwlawfirm.com/>

11120 NE 2nd Street
Suite 200
Bellevue, WA 98004
KLarsen at RPWLawFirm.com<mailto:KLarsen at RPWLawFirm.com>
206-953-9633
FAX (425) 642-8260

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